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.
Answer:
x1 + x2 + x3 + x4 + x5 + x6 + x7
Explanation:
Formulating the problem as an LP
Attached below is an AOA diagram and the completion time of each task is indicated in the diagram, The diagram was based on the conditions given for the completion of each task accordingly.
To complete the project as early as possible we will have assume
x1, x2, x3, x4, x5, x6, and x7 to be the times taken to complete each node
hence the earliest time taken to complete the project
= x1 + x2 + x3 + x4 + x5 + x6 + x7
when : x2 - x1 ≥ 3
x3 - x2 ≥ 2
x4 - x2 ≥ 2
x5 - x3 ≥ 3
x6 - x3 ≥ 3
x7 - x5 ≥ 1
x7 - x6 ≥ 1
also : x1, ............ , x7 ≥ 0
Answer:
1. 15.40%
2. 3.85%
3. 16.31%
Explanation:
1. Nominal rate = Interest rate
Nominal rate = 15.40%
The Nominal rate of the investment is 15.40%
2. Periodic rate = Nominal rate / Number of time compounded in year
Periodic rate = 15.40 / 4
Periodic rate = 3.85%
The Periodic rate of the investment is 3.85%
3. Effective interest rate = (1 + Nominal Rate)^n - 1
Effective interest rate = (1 + 015.40%/4)4 - 1
Effective interest rate = (1 + 0.1540/4)^4 - 1
Effective interest rate = (1 + 0.0385)^4 - 1
Effective interest rate = 1.0385^4 - 1
Effective interest rate = 1.16312396 - 1
Effective interest rate = 0.16312396
Effective interest rate = 16.31%
The Effective Annual Rate of the investment is 16.31%
Answer:
Total overhead rate = $34.17 per machine hour
Explanation:
The total overhead rate would the sum of the variable overhead rate and the fixed overhead rate
<em>The pre-determined fixed overhead absorption rate = Estimated fixed overhead /Estimated machine hours </em>
<em>DATA:</em>
<em>Estimated overhead - $256,500.</em>
<em>Estimated machine hours - 10,000 machine hours</em>
The pre-determined fixed overhead absorption rate =
$256,500/ 10,000 machine hours = 25.65 per hour
<em>The pre-determined overhead absorption rate = $25.65 per hour</em>
Total overhead rate = Variable rate + Fixed rate
= $8.52 + $25.65 = $34.17
Total overhead rate = $34.17 per machine hour
Answer: . an increase in aggregate demand and short-run aggregate supply
Explanation:
From the question, we are informed that during the 1990s, the economy of the United States was experiencing long-run economic growth, low unemployment, and a stable inflation rate.
The reason for this is due to an increase in aggregate demand and short-run aggregate supply. This two factors will lead to the long run economic growth which the United States experienced.