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ryzh [129]
3 years ago
11

As a person receives more of a good, the _______________ from each additional unit of the good declines.

Business
1 answer:
KonstantinChe [14]3 years ago
6 0

As a person obtains more of a good, the “marginal utility” from each extra unit of the good declines. Marginal utility is the extra contentment attained by a consumer from consuming one or more part of a good or service provided.

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The production of small consumer goods is referred to as?
AURORKA [14]
The correct answer is  :  light Industry

Since a light industry only produce small consumer goods such as clothes, shoes, hand made dolls, etc, it usually less capital oriented than the heavy industries and more consumer oriented than business oriented
8 0
3 years ago
Which of the following statements illustrates a rent ceiling​? A. The interest on mortgage loans has gone up to 4.87 percent in
torisob [31]

Answer:

C. Bluestone Properties is permitted to charge a rent of​ $2,350 for​ 2-bedroom apartments that would rent for​ $2,500 in an unregulated market. 

Explanation:

Rent ceiling is a form of price control which is known as price ceiling.

A price ceiling is when the government or an agency of the government sets the maximum price for a good or service.

Rent ceiling increases consumer surplus and reduces Producer surplus.

Rent ceiling can lead to shortage of houses and emergence of black market.

Price ceiling is binding when it is set below equilibrium price.

I hope my answer helps you

3 0
2 years ago
Employees should always be notified in advance that a penetration test is going to be performed. T/F
baherus [9]

Answer:

The statement is: False.

Explanation:

A penetration test consists of a series of test attacks against defense mechanisms existing in an environment that is being analyzed. These tests include the analysis of physical and digital devices to human factors using Social Engineering for that purpose.

Thus, <em>these tests must be carried out without prior notice to employees</em> so the evaluators can simulate what is the real defense and reaction the organization has in front of a threat.

4 0
3 years ago
A three-year annuity-immediate will be issued a year from now with annual payments of 5,000. Using the forward rates, calculate
vladimir1956 [14]

Answer:

13,152.5

Explanation:

Given the the above parameters as mentioned in the question

To calculate the PV (Present Value)

We have PV = 5000 * 1.05 * [ 1/(1.0575)² + 1/(0.625)³ + 1/(1.065)⁴]

PV = 5000 * 1.05 * (0.8942094350 + 0.8337064929 + 0.7773230908) =

=> PV = 5000 * 1.05 * 2.5052390187

= 13,152.50

Therefore, in this case, using the forward rates, the present value of this annuity a year from now is 13,152.50

6 0
3 years ago
The value of a dollar variesQuestion 1 options:A) inversely with the price of gold.B) directly with the price level.C) inversely
inn [45]

Answer:

Option (D) is correct.

Explanation:

There is a change in the value of the dollar with the change in the value or purchasing power of the other nation's currency. This means that there is a direct or positive relationship between the value of the dollar and the value of the other nation's currency. It is known as the exchange rate. Exchange rate is the rate at which goods are being traded between the nations.

8 0
3 years ago
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