Answer:
d. A fixed price of $2200/month.
Explanation:
A landlord is an owner of the house or property which is rented to a person called Tenant on lease or rent. The landlord in the question is renting an apartment. He has 3 Potential Tenants who are willing to rent his property. The greatest revenue will be generated if the apartment is rent out to the second tenant who is willing to pay $3000 per month. The revenue of the landlord will maximize if he uses option D to rent out his apartment. A fixed price of $2200 will generate greatest revenue.
Answer:
a. his marginal benefit of the additional serving is greater than zero.
Explanation:
While consuming an additional unit of a commodity : consumer compares it's marginal/additional benefit (utility) MU with marginal/ additional cost i.e price P. Hence, equilibrium is where : Marginal Utility MU = Price P
However in this case, 'all you can eat' i.e unlimited food at $9. So, there is no additional cost for consuming 4th serving.
So, Tyrone will take consumption decision based on only marginal benefit - will consume if the marginal benefit i.e additional satisfaction from the 4th serving consumption > 0, because it will increase her Total Benefit/ Total Satisfaction.
If MU / MB of 4th serving is negative: she will be worse off consuming 4th unit, as it will reduce her total benefit/ satisfaction. If it's 0, she will be indifferent consuming 4th unit or not, as total benefit/ satisfaction will remain same.
The average wedding costs 24,000$ "According to The Wedding Report, in 2010 the average wedding cost a little more than $24,000." found this in my study guide :) I hope it helps.
Interview helps to select the best fit for a Job.
<h3>What is interview?</h3>
Interview is usually an interactive sessions between an intending employee and the human resources personnel.
The sessions is to know if the individual is the best fit for a job.
Therefore, Interview helps to select the best fit for a Job.
Learn more on interview here,
brainly.com/question/25609130
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