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zvonat [6]
3 years ago
5

A consumer maximizes total utility from a given amount of income when the

Business
1 answer:
lara31 [8.8K]3 years ago
3 0
A consumer maximizes total utility from a given amount of income when the?<span>A:marginal utility obtained from the last dollar spent on each good is the same 
B:MU of the last unit of each good is the same 
C:total utility obtained from each product is the same 
D:Amount spend for each product is the same

In this question A and B are essentially the same so which do you think is correct or can you choose both?</span>
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On an organization's board of directors, inside directors ____; outside directors _____. are supposed to be elected from outside
BigorU [14]
On an organization's board of directors, inside directors <span>may be members of the firm; outside directors </span><span>are supposed to be elected from outside the firm.</span>
The board of directors is responsible for keeping the organization’s vision, mission, and strategic planning goals. Duties of boards include: <span>choosing the CEO, approving major policies, making major decisions, overseeing performance<span>, and serving as external advocate.</span></span>
4 0
3 years ago
A group of sellers who agree to restrict their collective output in order to drive up prices above marginal costs is a:
Salsk061 [2.6K]

A group of sellers who agree to restrict their collective output in order to drive up prices above marginal costs is known as a:

  • <u>Cartel</u>

According to the given question, we are asked to show the term which can be best used to <em>describe </em>a group of sellers who make an agreement to <em>reduce their collective output</em> so that price of goods would increase above their marginal costs.

As a result of this, we can see that this group of people in the business world are known as cartel because they behave unethically so that they could have increased profit on sales.

Read more here:

brainly.com/question/15294015

3 0
2 years ago
If a gain of $225,000 is incurred in selling (for cash) a building having a book value of $900,000, the total amount reported in
Valentin [98]

Answer:

$1,125,000

Explanation:

Given;

Gain from asset disposal = $225,000

Book value of asset disposed = $900,000

Therefore,

Amount of cash received from the sale = $900,000 + $225,000

                                                                  = $1,125,000

This represents an inflow of cash and will be represented by a positive value in the statement of cash flows. The total amount reported in the cash flows from investing activities section of the statement of cash flows is $1,125,000

8 0
3 years ago
_____________ - a term referring to the fact that for many goods, as the level of production increases, the average cost of prod
amm1812

Answer:

Economies of scale

Explanation:

As the production increases, the cost per unit of a single product type decreases.

7 0
3 years ago
Select two skills and two personal values that you feel you have to offer in the workplace. Discuss the importance of these skil
klemol [59]
For me the two personal values its to bring Sarcastic Humor to the work place and Value to make hard descisions. Why are these things inportant? Well because If you bring comedy it boosts moral in the office and the ability to make hard desicions is useful to get a higher postion in your job.
6 0
3 years ago
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