Answer:
a) See the image attached for the sheet of closing entry
b) New balance = (174000-111000-12000) = 51000
Answer:
Marginal utility of the additional units will turn negative
Explanation:
As total utility has reached a maximum level, adding additional units of the same product will generate the total utility to decrease thus, the marginal utility of this additional products is negative as they made the utility of the consumer to decrease.
The diminish return theory state that:
The units increase utility at a decreasing rate and then, they reach a maximum of utility afterwhihc, additional units do not generate utility, they decrease it
I believe the answer is: 4).Take out only the number of eggs you expect to use in a short period of time and crack them as needed
If we leave the eggs out of the refrigerator a long period of time, we would risk the egg becoming spoiled and can no longer be usable. Because of this we shall not take more than we need and we must used the egg as soon as it is taken our and cracked. (so the bacteria have no time to spoil the egg)
Answer:
Personal experience
Explanation:
Hasty generalization fallacy is also known as the over generalization fallacy. It is defined as making a claim grounded on the evidence that is very small. In short, the speaker jumps to the conclusions grounds on few examples.
Personal experience is defined as the something which the speaker or the person gone through or seen ourselves. So, in this people tend to take a decisions grounded off their experience and it is very quickly.
It leads to the hasty generalization fallacy. Therefore, the correct option is personal experience.
