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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
The break-even in units sold will decrease if there is an increase in: a. unit sales volume. b. total fixed expenses. c. unit va
s2008m [1.1K]

Answer:

d. Selling Price

Explanation:

Break even point is calculated as \frac{Fixed\ cost}{Contribution\ per\ unit}

Thus, break even point in units only in two cases,

  1. Fixed cost is reduced that is decreased,
  2. Contribution per unit is increased.

Now, here the options are

a. Increase in units sales volume is of no relevance as will not impact the fixed cost or contribution per unit.

b. Increase in fixed cost will result in higher break even point, as numerator in the fraction will increase.

c. Increase in unit variable cost will ultimately decrease the contribution thus, it is of no relevance.

d. Increase in selling price will increase the contribution per unit, that is the increase in denominator value in fraction, thus, break even units will decrease.

Correct option is

d. Selling Price

7 0
3 years ago
Journal Entries (Note Received, Discounted, Dishonored, and Collected)
Sholpan [36]

Answer:

Journal Entries:

Apr. 6 Debit 6% Notes receivable $2,700

Credit Accounts receivable $2,700

To record the receipt of a 120-day, 6% note for accounts receivable balance.

Apr. 26 Debit Cash $2,511

Debit Finance expense $189

Credit 6% Notes receivable $2,700

To record the discounted note at a rate of 7%.

May 3 Debit 7% Notes receivable $1,000

Credit Accounts receivable $1,000

To record the receipt of a 30-day, 7% note in payment for accounts receivable

June 2 Debit Accounts receivable $1,005.83

Credit 7% Notes receivable $1,000

Credit Interest revenue $5.83

To record the 30-day, 7% note is dishonored.

June 5 Debit Cash $1,005.83

Credit Accounts receivable $1,005.83

To record the receipt of cash and interest of 7% on the maturity value.

Explanation:

a) Data and Analysis:

Apr. 6 6% Notes receivable $2,700 Accounts receivable $2,700

Received a 120-day, 6% note

Apr. 26 Cash $2,511 Finance expense $189 6% Notes receivable $2,700 Discounted the note at a rate of 7%.

May 3 7% Notes receivable $1,000 Accounts receivable $1,000

Received a 30-day, 7% note in payment for accounts receivable

June 2 Accounts receivable $1,005.83 7% Notes receivable $1,000 Interest revenue $5.83 ($1,000 * 30/360) 30-day, 7% note is dishonored.

June 5 Cash $1,005.83 Accounts receivable $1,005.83

7% on the maturity value.

5 0
3 years ago
Gina Brooks works for Aquarium Retail Services selling high-end salt water fish and tank supplies. Aquarium Retail Services is t
ExtremeBDS [4]

Answer:

Advantage

Explanation:

According to my research on different business strategies, I can say that based on the information provided within the question Deep Blue is attempting to gain a competitive Advantage by stealing it's competitor's key employees. This is because it is taking away trained employees from their competitors who now have to spend time and money hiring and training new employees for that position, which will take a long time since the new employees will probably not have the experience that Gina had.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
A company’s Factory Overhead T-account shows total debits of $624,000 and total credits of $646,000 at the end of the year.
trapecia [35]

Answer:

The journal entry is

Dr Cost of sales ---------------$22,000

Cr Factory overhead---------$22,000.

Explanation:

At the end of the year:

Total debits equal $624,000

Total credits equal $646,000.

The difference is $646,000 - $624,000 = $22,000

This $22,000 will be the balance at the beginning of the following year.

So the journal entry to close the balance in the Factory overhead account to cost of goods sold is:

Dr Cost of sales ---------------$22,000

Cr Factory overhead---------$22,000.

This means the overhead is under-applied(actual overhead is greater than the budgeted cost)

8 0
3 years ago
An investor is deciding whether to build a retail store. If she invests in the store and it is successful, she expects a return
pochemuha

Answer:

Explanation:

Given that,

expects a return of $100,000 in the first year

loss of $80,000

probability that the store will be a success is 0.6

research will cost $20,000

0.6 probability that this information will be favorable

store will be a success increases to 0.9

store will be a success reduces to only 0.2

<h3>a) Decision tree is attached</h3>

EMV= (payoff of first outcome) * (probability of first outcome) +  (payoff of second outcome) * (probability of second outcome) +  (payoff of third outcome) * (probability of third outcome)

EMV(node 1) = EMV(new store)

= ($100,000 * 0.6) + (-80,000 * 0.4)

=$28,000

EMV (node 2) = EMV (no store)

= $0

EMV (node 3) = EMV ( new store and favourable research)

= ($100,000 * 0.9) + (-80,000 * 0.1)

=$82,000

EMV (node 4) = EMV ( no store and favourable research)

= $0

EMV (node 5) = EMV ( new store and unfavourable research)

= ($100,000 * 0.2) + (-80,000 * 0.8)

= -$44,000

EMV (node 6) = EMV ( no new store and unfavourable research)

= $0

B) Here we compare EMV of not conducting the market research ans EMV of conducting the market research and the maximum EMV shall be taken for decision making

  • Here the EMV of conducting the market research is higher than not conducting

Hence, the investor can go to market research test. If result is positive, she can invest in the store, if negative she can stop the proposal.

3 0
3 years ago
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