Answer:
A
Explanation:
The quantitative theory of money states that MV=PT.
M: money supply
V: velocity of circulation (number of times that a dollar changes of holder in a period)
P : price of a typical transaction
T: total number of transactions.
We can also write the equation as MV=PY, because the value of transactions is equal to the GDP (Y).
If M has a constant growth but there are fluctuations in V, then P, Y or both change.
As the manager you may do Social responsibility campaigns such as giving back to the community, hiring community members and donating to the needy, this will make the business to have a good imagine
Answer:
Problem of choice refers to the allocation of various scarce resources which have alternative uses that are utilized for the production of various commodities and services in the economy for the satisfaction of unlimited human wants.
Answer:
D) 200 percent profit; 100 percent loss.
Explanation:
There is a 50% chance that the company will make profit (20% profit) and 50% chance that it will lose money (20% loss).
Balin borrows $90 and invests $10 from his own money.
50% profit chance = $120 - $90 = $30 (200% profit)
50% loss chance = $80 - $90 = -$10 (100% loss)
Answer:
change in total utility obtained by consuming an additional unit of a good
Explanation:
The utility is the level of satisfaction derived from the consumption of a good or service.
Marginal utility obtained from the consumption of a good is the change in the total utility due to the consumption of an additional unit of that good.
The total utility from consuming a good is maximized when the marginal utility is zero.
In order to maximize the total utility while consuming more than one good the marginal utility obtained from the last dollar spent on each product should be equal.
