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
geniusboy [140]
3 years ago
7

The concept of utility is fundamental to utilitarianism and describes the a. optimal distribution of wealth in society. b. level

of satisfaction derived from a person's circumstances. c. method by which society chooses to allocate resources.
Business
1 answer:
alisha [4.7K]3 years ago
7 0

Answer: level of satisfaction derived from a person's circumstances.

Explanation:

The utility a consumer derives from a product/service is the measure of the level of satisfaction the consumer derive from the product/service chosen. Utility can also be defined as the level of usefulness of a product to an end user.

You might be interested in
How many free credit reports are you legally entitled to each year
Leokris [45]
<span>One from each credit bureau per year, so in total three per year.</span>
8 0
3 years ago
A visually evident condition that should alert a reasonably diligent real estate agent as to a problem is commonly referred to a
deff fn [24]

The answer that is being depicted above is red flag. This is a process or a way of having to provide reasonable explanation or to alert an individual when there is a problem that is present in means of having to let them know about it.

4 0
3 years ago
What are the consequences of traditional law of production
adoni [48]
What are the sequence of traditional law of production
6 0
4 years ago
Quinlan has ample E &amp; P to cover any distributions made during the year. One distribution made to a shareholder consists of
stepladder [879]

Answer:

1.Quinlan distribution has realized a loss of

$214,480 of which $0 is recognized.

2. The shareholder received property with a basis of $321,720

Explanation:

1.

When property is been said to be distributed to shareholders the amount of dividend equal to the fair value of the said property which is $321,720 on the date of the distribution. Therefore the amount of taxable dividend is $321,720 which is before the dividends received deduction.

Therefore;

Net loss which shall not be allowed ($536,200-$321,720)

=$214,480

Quinlan distribution has realized a loss of

$214,480 which is not allowed to be recognized

2. Adjusted basis of the property distributed is $321,720

6 0
3 years ago
Which of the following is NOT a necessary condition for oligopoly? differentiated products barriers to entry strategic dependenc
stepladder [879]

Answer:

differentiated products.

Explanation:

An oligopoly occurs when a few large firms dominate a market and they aim to maximise profit. The action of one firm has significant effect on the market, so the firm's are interdependent.

There are high barriers to entry including use of government liscences, patents, economies of scale, and actions taken by firms to discourage entry into the market.

However differentiation of products is not a necessary condition for oligopoly. Products can be homogenous or differentiated.

8 0
3 years ago
Other questions:
  • Suppose that you are given the following information:
    6·1 answer
  • ( WILL GIVE BRAINLIEST!!!) Type the correct answer in the box. Spell all words correctly.
    6·1 answer
  • Why are capital appreciation bonds (CABs) a controversial way for local governments to finance projects?
    6·1 answer
  • Value is the perception by consumers that a band provides satisfaction greater than the cost incurred to acquire the product or
    14·1 answer
  • In a homogeneous-good Cornet model where each of the n firms has a constant marginal cost m and the market demand curve is p = a
    10·1 answer
  • Choose the correct definition for employee internet portal: Multiple Choice A web-based application wherein employees can modify
    14·1 answer
  • The direct materials and direct labor budgets provide information for preparing the:________a) production budget.b) sales budget
    9·1 answer
  • If plant assets of a manufacturing company are sold at a gain of $1,000,000 less related taxes of $350,000, and the gain is not
    8·1 answer
  • Application of career management model
    9·1 answer
  • Ari is a generous employer who truly values his workers. He is constantly praising the work his employees do and finds many ways
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!