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Len [333]
3 years ago
9

The marginal benefit Colin gets from eating a fourth slice of pizza isA. the total benefit Colin gets from eating four slices of

pizza minus the total benefit Colin gets from eating three slices of pizza.B. the same as the total benefit of eating four slices of pizza.C. less than the marginal cost of eating the fourth slice of pizza since he chose to eat the fourth slice.D. the total benefit Colin gets from eating five slices of pizza minus the total benefit Colin gets from eating four slices of pizza.
Business
1 answer:
julia-pushkina [17]3 years ago
8 0

Answer:

A) the total benefit Colin gets from eating four slices of pizza minus the total benefit Colin gets from eating three slices of pizza.

Explanation:

Marginal benefit refers to the utility received from doing something one more time. When businesses want to measure marginal benefits, they simply measure the extra revenue generated by selling one more unit, that is why it is referred to as marginal revenue. But when individuals get a marginal benefit, we tend to use a unit called util, and the marginal benefit is how many utils do we get from consuming an extra unit of product.

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In a perfectly competitive market, all producers sell identical goods or services. Additionally, there are many buyers and selle
V125BC [204]

Answer:

True

Explanation:

In a perfectly competitive market, all producers sell identical goods or services. Additionally, there are many buyers and sellers. Because of these two characteristics, both buyers and sellers in perfectly competitive markets are price takers. Market price is set by the forces of demand and supply.

If the seller attempts to set his own price and sets it above the market price, the seller would lose all its customers and make zero sales.

If the seller attempts to set his own price and sets it below the market price, the seller would make losses .

I hope my answer helps you.

7 0
3 years ago
If the mps in an economy is 0.1, government could shift the aggregate demand curve rightward by $40 billion by question 3 option
ikadub [295]

Answer:

increasing government spending by $4 billion.

Explanation:

A rightward shift of aggregate demand means that aggregate demand is increasing.

When the government increases spending, the effect on aggregate demand is given by ⇒ total change in spending x government spending multiplier

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effect on aggregate demand = $4 billion x 10 = $40 billion

7 0
2 years ago
Every morning before the start of the​ shift, tom and his automotive service team at a large auto dealership have a​ five-minute
Furkat [3]
I might call this a 'bumper' or 'fender' meeting and by comparison, in mining or mineral exploration it often is centred on safety ie expected safety hazards and what precautions to take but could also be very helpful for a rough overview of the overall work for the day,
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Perry is listing his home with Extra Real Estate Company, a brokerage. He wants the listing as follows: He must receive $250,000
Dominik [7]

Answer:

D. Net Listing

Explanation:

Based on the information provided within the question it can be said that the type of listing agreement that Perry is demanding is a Net Listing. This is a listing agreement stating that the seller will receive a pre-defined amount of money for the sale of the listing, and that the excess amount is to go to the broker as a commission for the listing. Which is exactly what Perry wants for the listing.

3 0
3 years ago
3 ways to help low or control the cost of of stock purchased for a flower shop
Alexandra [31]
Well i don't know what the question is but i am guessing that you would want to keep the flowers growing and in good shape
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2 years ago
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