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Juliette [100K]
3 years ago
13

Isabella wishes to buy gasoline and have her car washed. She finds that if she buys 9 gallons of gasoline at $1.50 per gallon, t

he car wash costs $1, but if she buys 10 gallons of gasoline, the car wash is free. For Isabella, the marginal cost of the tenth gallon of gasoline is
Business
2 answers:
max2010maxim [7]3 years ago
8 0

Answer:

50 cents

Explanation:

Iteru [2.4K]3 years ago
6 0

Answer:

$0.50

Explanation:

Marginal cost is the additional expense associated with consuming, selling, or producing one extra unit. For Susan, the marginal cost is the extra cost incurred by purchasing the 10th  gallon of gasoline.

To obtain the marginal cost:

The cost of 9 gallons plus cash wash

=(9 x $2) + $1.50= $19.50

cost of 10 gallons plus cash wash

=(10 x $2) cash wash is free= $ 20

The extra cost associated with the additional unit (marginal cost)

= $ 20- $ 19.50

=$0.50

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Kyle would increase his consumption of turkey sandwiches from 7 to 9 per week if their price fell from $6 to $4. This illustrates the idea of<u> the law of diminishing marginal utility.</u>

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1 year ago
Gladstone Corporation is about to launch a new product. Depending on the success of the new product, Gladstone may have one of f
Andrews [41]

Answer: SEE EXPLANATION

Explanation:

Given the following ;

Values depending on Success

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Risk free rate = 5% = 0.05

Pervebtage to be lost in case of bankruptcy = 25% = 0.25

A.) 0.25 × [( 150 + 135 + 95 + 80) ÷ 1.05] = $109.52 million

Assume a zero-coupon debt with a $100million face value

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Expected return = 5%

D.) Equity value

0.25 × [( 150 + 135 + (95×0.75) + (80×0.75)) ÷ 1.05] = $99.11 million

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2 years ago
Banks use a large percentage of their checkable deposits for the purpose of __________.
KiRa [710]

Answer:

B. giving loans

Explanation:

The reserve requirement system requires commercial banks to maintain a small fraction of their deposits as a reserve. Only a small percentage of the checkable deposits is required to be held in the banks as reserves. The reserves requirement fractions vary with the monetary policy in place.  

The percentage of reserve requirement ranges from 3% to 10%. It would hardly get to 20%. The rest other bigger percentage ( over 80%) is available to be used to create loans.

4 0
2 years ago
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Answer:

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Explanation:

Giving the following information:

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The numerator of the return on common stockholders' equity is_____________. a.income before income tax b.operating income minus
elena-s [515]

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Option d

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