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mixas84 [53]
3 years ago
10

Utility gained with each individual unit of a good that you purchase is called ______________. (select the best answer.) select

one:
a. marginal utility
b. form utility
c. purchase utility
d. increase utility
Business
1 answer:
xxMikexx [17]3 years ago
6 0
<span>Utility gained with each individual unit of a good that you purchase is called </span>a. marginal utility

This is of high importance because marginal utilities are used to determine how many items a consumer is willing to buy.
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(problem 13). margo's marginal utility of one dance lesson is 100 utils per lesson. her marginal utility of a new pair of dance
kirill115 [55]

Since Margo purchase her optimal consumption bundle, the marginal utility per dollar consumed on dance lessons must be equivalent to the marginal utility per dollar paid on dance shoes. The marginal utility per dollar spent on dance lessons is 100 utils per lesson, where $50 per lesson is equivalent to 2 utils per dollar. The marginal utility per dollar expended on dance shoes therefore has to equal 2 utils per dollar. Since the marginal utility of a pair of dance shoes cost 300 utils per pair, the value of a pair of shoes should be $150 per pair, so that 300 utils per pair/$150 per pair is equal to: 2 utils per dollar.

6 0
3 years ago
As suggested by president john. f. kennedy, the consumers’ right to be _____ states that consumers should be assured that the go
Oxana [17]
<span>Of the four rights that Kennedy mentioned, this would be the right to safety. He felt that products should be made in a way that they would not hurt someone who used it in the proper manner. The other rights he mentioned were the rights of being informed, rights to choose, and rights to be heard.</span>
7 0
3 years ago
Bella Donna Company has 100,000 shares of $3 par common stock issued and outstanding as of January 1, 2018. The shares were orig
kondaur [170]

Answer:

The balance in the paid in capital in excess of par will be $478,950.

Explanation:

As 4,210 shares is retired and each shares carries a $5 Paid-in capital in excess of par ( Issued price - Par value = $8 - $3 = $5), the retirement of 4,210 shares will include the clear of 4,210 x 5 = $21,050 in Paid-in capital in excess of par.

The beginning balance of the Paid-in capital in excess of par account = (8 -3) x 100,000 = 300,000

=> The remaining balance of the Paid-in capital in excess of par account = 500,000 - 21,050 = $478,950.

So, the answer is $478,950.

8 0
3 years ago
If the level of incomes rises for high-income workers but doesn't change for low-income workers, then poverty will not change an
Aloiza [94]

If the level of incomes rises for high-income workers but doesn't change for low-income workers, "then poverty will not change and inequality will rise."

<h3>What is poverty?</h3>

Lack of resources to meet necessities like food, clothing, and shelter constitutes poverty. But poverty goes far beyond simply not having enough money.

According to the World Bank, poverty is as follows:

  • Hunger is poverty.
  • Absence of shelter is poverty.
  • Being sick and unable to visit a doctor is poverty.
  • Being illiterate and lacking access to education are both aspects of poverty.
  • Living day by day and not having a job are all signs of poverty.

Some faces of poverty is also-

  • Poverty has been characterized in a variety of ways and takes on several forms that vary from place to place and over time.
  • Most of the time, people desire to get out of poverty.
  • Therefore, poverty is a call to action for both the wealthy and the poor, a call to alter the world so that more people may have access to food, shelter, education, and healthcare, as well as protection from violence and a voice in local affairs.

Therefore, rarely is there a single source of poverty. Some people don't have enough money due to a number of circumstances, including growing living costs, low salary, unemployment, and insufficient social security benefits.

To know more about factors cause poverty in low-income nations, here

brainly.com/question/1985270

#SPJ4

7 0
2 years ago
Worker productivity is one of the most important factors that help determine the performance of an economy. Which definition bes
Papessa [141]

Productivity of a worker is measured by how much is produced at a given time.

<h3>What is worker productivity?</h3>

It measures the amount of output produced at a given work interval.

The quantity of goods and services produced per a given time measures a worker productivity.

Therefore, productivity of a worker is measured by how much is produced at a given time.

Learn more on productivity here,

brainly.com/question/1151291

7 0
2 years ago
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