Answer:
D) downsloping because successive units of a specific product yield less and less extra utility.
Explanation:
The marginal utility curve is downsloping because successive units of a specific product yield less and less extra utility or benefits.
It gives the relationship between the utility derived from the consumption of an additional unit of a good and the quantity of the good consumed.
Answer:
$205,000
Explanation:
Total liabilities=current liabilities+long-term liabilities
total liabilities=$150,000+$220,000
total liabilities=$370,000
total owners'equity plus liabilities=$320,000+$370,000=$690,000
long-term assets+current assets=liabilities+owners'equity
long-term assets=$485,000
current assets are unknown
liabilities+owners'equity=$690,000
let CA represent current assets
$485,000+CA=$690,000
CA=$690,000-$485,000
CA=$205,000
Answer:
Kindly see Explanation
Explanation:
April 10:
Dr Cash 37,800
Cr Sales 34,500
Cr Sales taxes 3,300
April 15:
Dr Cash 28,080
Cr Sales 26,000
Cr Sales taxes 2,080
Cash = 34500+3300 = 37800
Sales = 28080/1.08 = 26000
Sales tax (28080 - 26000) = 2080
Answer: it experiences a capital inflow.
Explanation:
A trade deficit is a situation that occurs when the imports of a country is greater than the exports of the country. This is usually measured in monetary terms. For example, let's say in a certain year, the United States exported $3 trillion in goods and it imported goods worth $4 trillion, th n the trade deficit will be ($4 trillion - $3 trillion) = $1 trillion.
Trade deficit can be caused because of capital deficiency. This will then lead to capital flowing into the country that is experiencing the trade deficit.
1. Other things remain the same if the price of a budget line increases then the budget line will tilt inwards from the intercept of the goods whose price is constant.
2. other things remaining the same, if the budget for and, budget line a change in the Income of Consumer.
The budget line will move to the right to the new location as a result of the price of good X declining, the consumer's income being constant, and the price of Y increasing. If the price of good X increases while the price of good Y and income remain unchanged, the budget line will go up.
A budget line is a line that specifies the upper and lower bounds of permissible consumption and is based on the SUPPLY and DEMAND of goods and services from the customer. Budget, Prices, Demand, Prices Budget, Prices, Demand, Prices He has $1.00 to spend each week on coffee and Coke, and he has a total of $12.00 to spend on these items.
Learn more about the budget line and price of goods here:
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