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Iteru [2.4K]
2 years ago
14

A hungry man is willing to pay a high price for food. After he is no longer hungry, he is not willing to pay the smae high price

. Which of the following best defines this example?
a. a complement
b. diminishing marginal utility
c. unit elasticity
d. the substitution effect
Business
1 answer:
zavuch27 [327]2 years ago
6 0
The correct answer is b
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It’s A.little capital
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Which situation would increase the scarcity of a product?
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Answer:

B. one of only 2 factories that made the product shuts down.

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On January 1, 2018, M Company granted 90,000 stock options to certain executives. The options are exercisable no sooner than Dec
hram777 [196]

Answer:

$120,000

Explanation:

Given that,

stock options = 90,000

Each option can be exercised to acquire one share of $1 par common stock for $12.

Total Value of the option = stock options × fair value of the options

                                          = $90,000 × $5

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company to estimate that 10% of the options would be forfeited, so,

= 90% of Total Value of the option

= 0.9 × $450,000

= $405,000

2 out of 3 years = $405,000 × 2/3

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=\frac{Total\ value\ of\ the\ options}{no.\ of\ years}

=\frac{450,000}{3}

= $150,000

Compensation expense (2019) = $270,000 - $150,000

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6 0
3 years ago
The market price people are willing to pay for a unit of a particular commodity is determined by A. the sum of average and margi
kkurt [141]

People are willing to pay for a unit of a particular commodity is determined by Marginal utility.

Explanation:

Marginal utility (MU) is characterized as the additional utility obtained from the use of one additional unit of a good or service, or the increased use of an increased unit by an entity.

Economists use the idea of marginal utility to assess how much of an item consumers can purchase. Positive marginal utility happens when the consumption of an additional item increases the total utility, while negative marginal utility occurs when the consumption of an additional item reduces the total utility.

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Antique Brass Company has budgeted sales volume of 127 comma 000 units and budgeted production of 110 comma 000 ​units, while 30
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Answer:

13,000 units

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The company has 30,000 units in beginning inventory, thus the amount of ending finished goods inventory will be = 30,000 - 17,000 = 13,000 units

7 0
3 years ago
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