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lara [203]
3 years ago
8

As an individual consumes slices of pizza, the _____ is the amount of satisfaction that he receives from each additional piece o

f pizza. total utility consumption availability marginal utility absolute utility
Business
1 answer:
AnnyKZ [126]3 years ago
6 0
The correct option is marginal utility.

<span>This is the additional satisfaction a consumer gains from consuming one more unit of a good or service. It claims that </span><span>there is a decline in the </span>marginal utility<span> that person derives from consuming each additional unit. </span>Marginal utility<span> is an important economic concept as it  determines how much of an item a consumer will consume.</span>
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Wiley's has total equity of $679,400, long-term debt of $316,900, net working capital of $31,600, and total assets of $1,123,900
Elenna [48]

Answer:

The answer is 0.4

Explanation:

The formula for total debt ratio is total debt ÷ total assets.

Total debt equals current debt plus total long-term debt.

To find total debt(liability), remember Asset = Liability + Equity.

Therefore, Liability (debt) will be Asset - equity

$1,123,900 - $679,400

Total debt(liability) = $444,500

So, total debt ratio will be:

$444,500/$1,123,900

=0.4

This ratio means 0.4 or 40 percent of the company asset is financed by debt.

7 0
3 years ago
Sunland Company had the following two transactions related to its delivery truck. 1. Paid $38 for an oil change. 2. Paid $564 to
Jobisdone [24]

Answer:

  • 1. Paid $38 for an oil change.

$38 Maintenance Expenses  - DEBIT

$38 Cash - CREDIT

  • 2. Paid $564 to install special shelving units, which increase the operating efficiency of the truck.

$564 Delivery Trucks - DEBIT

$564 Cash - CREDIT

Explanation:

1. Paid $38 for an oil change  

$38 Maintenance Expenses  - DEBIT

$38 Cash - CREDIT

An oil change it's just an expenses of maintenance, which goes as General Expenses directly to the Income Statement.  

 

2. Paid $564 to install special shelving units, which increase the operating efficiency of the truck.  

$564 Delivery Trucks - DEBIT

$564 Cash - CREDIT

The installations of shelving units it's an improvements in the company's fixed assets, therefore, assets improvements are activated as fixed assets in the non-current assets section of the balance sheets.  

6 0
3 years ago
Here and After Corporation plans a new issue of preferred stock. Similar risk stock currently offers an annual return to investo
Musya8 [376]

Answer: d. $133.74

Explanation:

The dividend paid to preferred shareholders is constant and based on the annual rate of return on the stock. If they plan to sell at a price of $743 per share, the dividend will be:

Dividend = Annual rate of return on stock * Price of stock

= 18% * 743

= $133.74

8 0
2 years ago
The monopoly demand curve is _____________, while the perfectly competitive firm’s demand curve is _______________. This is beca
Amiraneli [1.4K]

Answer:

Downward sloping; horizontal line; demand; large number of competitors

Explanation:

A monopoly is a market structure where there is only a single firm in the market. This firm is a price maker. It can charge whatever price it wants, but the consumers will demand more at a lower price.  

That is why the demand curve of a monopoly is downward sloping and the same as the market demand curve.  

A perfectly competitive market refers to the market structure where there is a large number of buyers and sellers. These firms are price takers. They face a horizontal line demand curve. This is because of a large number of competitors producing homogenous products. So if a firm raises its prices the consumers will move to the firm at a lower price.  

The market demand curve though is downward sloping.

8 0
3 years ago
You saved $500 in currency in your piggy bank to purchase a new laptop. The $500 you kept in your piggy bank illustrates money’s
otez555 [7]

Answer:

The answer to the three fill in the banks as per order given in question are- store of value , unit of account , medium of exchange.

Explanation:

When $500 are kept in piggy bank to buy laptop, it illustrates the store of value function of money. This is a function where money is kept or stored to purchase some item in the future, given money doesn't lose its purchasing power .

The $500 price of laptop shows the unit of account function of money , where money is the standard numerical of measurement for the goods and services or any other transaction in the market.

The $500 which was used to buy the laptop shows the medium of exchange function of money , where money is used as intermediary for exchange of goods and services.

7 0
3 years ago
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