The lowest fees for investors are typically found in a type of passive investing called the Index Fund investing.
Answer:
<u>Zero</u>
Explanation:
Marginal utility refers to the extra satisfaction derived, which is expressed in utils, when an additional unit of a commodity is consumed.
Total utility reaches it's maximum point when marginal utility is zero. As total utility begins to fall, the marginal utility becomes negative.
Alfred Marshall cited the law of diminishing marginal utility, which states, as more and more units of a commodity are consumed, the successive utility derived must fall.
In the given case, if utility is maximized, the marginal utility derived from the last bite eaten would be zero.
Answer:
No margin call is required
the price per bushel to trigger margin call = 1102 cents per bushel
Explanation:
The computation of given question is shown below:-
The Difference between the rates of futures = Settle Quote of present day - Closing Settlement Price Quote when future was sold
= 808 - 786
= 22
The margin on present day for future = quoted in cents × Difference between the rates of futures
The future is sold for 5000 bushels , this is quoted in cents that is $50
= 22 × 50
= 1,100
Current margin call = Initial margin - Price change
= $6,075 - 1,100
= $4,975
Therefore no margin call is required as the margin balance is exceeds the maintenance margin requirement.
maximum loss per contract before margin call = Initial margin - Maintenance Margin
= $6,075 - $4,500
= $1,575
Maximum price before margin call = 786 + (1,575 ÷ 5,000)
= 786 + 315
= 1101 cents
So, the price per bushel to trigger margin call = 1102 cents per bushel
Answer:
The total budgeted fixed selling and administrative expenses for February is $170,400. The answer is D.
The calculation is as follows:
a) Advertising - $50,100
b) Executive Salaries -$60,100
c) Depreciation - $20,100
d) Others - $40,100
Total = $170,400.
Explanation:
To obtain the above answer, we add up all the budgeted fixed selling and administrative expenses, excluding variable elements.
Fixed costs are costs which do not vary according to the level of production or activity.
Since the other elements of cost, e.g sales commision, shipping, and part of advertising are variable, these are excluded in getting the fixed selling and administrative expenses.
