1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
postnew [5]
3 years ago
13

The marginal utility from drinking one more glass of water is likely to be __________ the marginal utility from going to one mov

e.a. The same asb. Greater thanc. Less thand. Declining until it is just greater than
Business
1 answer:
dmitriy555 [2]3 years ago
5 0

Answer:

c. less than

Explanation:

The marginal utility from drinking one more glass of water is likely to be

less than

When you run out of candy or your marginal utility goes to zero you can stop. The law of diminishing marginal utility states that as more of the good is consumed, the additional satisfaction from another bite will eventually decline. The marginal utility is the satisfaction gained from each additional bite.

You might be interested in
Stock A has an expected return of 8%, stock B has an expected return of 2%, and the return on Treasury-Bills is 4%. You buy $200
Tomtit [17]

Answer:

The expected return of your portfolio is 6.02%

Explanation:

Stock     Value     Expected Rate of return   Weightage

  A          $200                   8%                      $200/$300 = 0.67

  B          $100                    2%                      $100/$300 = 0.33

Expected Rate of return = ( Expected rate of return Stock A x Weightage of Stock A ) + ( Expected rate of return Stock B x Weightage of Stock B )

Expected Rate of return = ( 8% x 0.667 ) + ( 2% x 0.33 )

Expected Rate of return = 0.0536 + 0.0066 = 0.0602 = 6.02%

3 0
3 years ago
What is a rental inventory and why is it a good idea to have one?
bearhunter [10]

A rental inventory is basically like people rent you things. Cars, and lots of stuff. its a good idea to have a rental inventory because you can rent people things in a business.

3 0
3 years ago
Firefly Inc. sold land for $225,000 cash. The land had been purchased five years earlier for $275,000. The loss on the sale was
solmaris [256]

Answer:

$225,000

Explanation:

The cash flow statement is divided into three categories investing, operating and financing. The investing activity refers to those activities which deal in buying and selling for long term asset in cash. The buying is cash outflow while the selling is a cash inflow.  So the amount reported under the investing activity is $225,000 as cash inflow.

8 0
3 years ago
XYZ Co. uses the percentage of credit sales method of estimating doubtful accounts. The Allowance for Doubtful Accounts has an u
leva [86]

Answer:

$16,700

Explanation:

The computation of the ending balance in the allowance for doubtful account is shown below:

= Unadjusted credit balance + Net credit sales × estimated bad debt percentage

= $4,100 + $210,000 × 6%

= $4,100 + $12,600

= $16,700

We simply added the unadjsuted credit balance and estimated amount after considered the estimated bad debt percentage

4 0
3 years ago
A commercial building worth $400,000 is insured under a Commercial Property policy for $240,000, and an 80% coinsurance clause a
Mekhanik [1.2K]

Answer: $15,000

Explanation: The 80% coinsurance clause on the property means that the insurance policy holder is agreeing to contribute up to 80% of the property's worth. Hence in the event of a loss to the building worth $20,000; the insures policyholder would receive :

(Actual contribution/expected contribution) x value of loss to the property

Where : Expected contribution = 80% of property's worth

ie (80/100) x $400,000 = $320,000

then the insured is to receive: ($240,000/$320,000) x $20,000 = $15,000

4 0
3 years ago
Other questions:
  • Light-emitting diode (LED) light bulbs have become required in recent years, but do they make financial sense? Suppose a typical
    14·1 answer
  • In the current year, Plum, Inc., a closely held C corporation, has $410,000 of net active income, $20,000 of portfolio income, a
    14·1 answer
  • How often should you visit your site and have others visit it for you to find out if everything is working as it should? A.Every
    5·2 answers
  • Which transaction increases​ stockholders' equity? A. payment of operating expenses B. expenses greater than revenues for the pe
    13·1 answer
  • If u cause a car accident which type of insurance will require you to pay the least out of pocket?
    8·1 answer
  • "Jason likes to drink a particular brand of soda and has been drinking that brand of soda for the last ten years. Lately, one of
    9·1 answer
  • In a perfectly competitive market, all producers sell (perfectly identical/different) goods or services. Additionally, there are
    7·1 answer
  • Movie studios use tracking studies in which prospective moviegoers are asked questions about an upcoming film release to help th
    7·1 answer
  • A young chef is considering opening his own sushi bar. To do so, he would have to quit his current job, which pays $20,000 a yea
    9·1 answer
  • Read the scenario and answer the question.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!