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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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Thompson argues that civil liberties thrive only when the public demands them and understands that they are at risk of losing th
nataly862011 [7]

Answer: A. True

Explanation:

Clive Thompson on Why the Next Civil Rights Battle Will Be Over the Mind shared the above.

According to C. Thompson he said "That means we need to stop seeing this stuff as science fiction and start thinking about how we'll react to it. Otherwise, we could all lose our minds."

8 0
3 years ago
Western company begins the year with $50,000 of inventory on hand. During 2018, western purchases additional inventory for $100,
slava [35]

Answer:

Debit cost of goods sold $40,000

Explanation:

As with the details of inventory we have:

Opening value of inventory = $50,000

Purchases = $100,000

Thus, total inventory = $150,000

On the closing date we have the balance of inventory in hand = $110,000

Therefore, cost of goods sold = Total inventory - Closing

= $150,000 - $110,000 = $40,000

Cost of goods sold is an expense, and shall be debited.

8 0
3 years ago
Classifying items on the statement of cash flows Cash flow items must be categorized into one of four categories. Identify each
valentina_108 [34]

Answer:

Explanation:

There are three types of activities in the cash flow statement which are described below:  

1. Operating activities: It includes those transactions which affect the working capital after net income. The increase in current assets and a decrease in current liabilities would be deducted whereas the decrease in current assets and an increase in current liabilities would be added.  

These changes in working capital would be adjusted. Moreover, the depreciation expense is added to the net income  and it also records the cash receipts and cash payment transactions

2. Investing activities: It records those activities which include purchase and sale of the long term assets. The purchase is an outflow of cash whereas sale is an inflow of cash

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance. The issue of shares is an inflow of cash whereas redemption and dividend is an outflow of cash.

The categorization is shown below:

a. Cash purchase of merchandise inventory - operating activity

b. Cash payment of dividend - financing activity

c. Cash receipt from the collection of long-term notes receivable - investing activity

d. Cash payment for income taxes - operating activity

e. Purchase of equipment in exchange for notes payable - non cash activity

f. Cash receipt from the sale of land - investing activity

g. Cash received from borrowing money  - financing activity

h. Cash receipt for interest income - operating activity

i. Cash receipt from the issuance of common stock - financing activity

j. Cash payment of salaries dividends - operating activity

5 0
3 years ago
Suppose the black market shrinks because firms shift to the formal sector, but production remains the same. GDP
nikdorinn [45]

Answer: will increase but this will not affect living standards

Explanation:

GDP is sometimes called an incomplete measure because there are certain measures that it does not include such as the black market.

If firms in the black market shift to the formal sector, they will now be included in GDP which means that GDP will increase.

The living standards of people in the country will probably not change however because the firms involved were simply shifting sectors and are not said to be more or less prosperous as a result. Assuming they remained the same, nothing changes for living standards.

4 0
3 years ago
How often will you receive a statement for your checking account?
Firdavs [7]
I believe  that you would get a statement for your checking account monthly because you need to know how much money get withdraw ed and how much is left.
7 0
3 years ago
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