Elaine'S marginal utility is equal to $2.25
Marginal utility is the added delight that a client receives from having one more unit of a great or provider. The concept of marginal application is utilized by economists to decide how much of an item consumers are inclined to buy.
Marginal utility is the greater benefit derived from consuming one extra unit of a specific properly or provider. the principle sorts of marginal utility encompass effective marginal utility, zero marginal application, and terrible marginal application. purchasers regularly enjoy higher marginal software while marginal fee is decrease.
expalnation
Assuming that the utility that she is achieving after consuming a good is equal to the value of the coffee.
= $1 +0.75 + 0.50
= $ 2.25
Hence, the marginal utility is $ 2.25.
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Answer:
Instrucitons are listed below.
Explanation:
Giving the following information:
Let’s assume that each person in the United States consumes an average of 39 gallons of soft drinks (non-diet) at an average price of $2.00 per gallon and that the U.S. population is 295 million. At a price of $1.50 per gallon, each consumer would demand 49 gallons of soft drinks.
Price= 2
Demand= 295*39= 11,505 million
Price= 1.5
Demand= 295*49= 14,455 million
Answer:
P1 = $18.16667 rounded off to $18.17
Explanation:
Using the constant growth model of dividend discount model, we can calculate the price of the stock today. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula for price today under this model is,
P0 = D1 / (r - g)
Where,
- D1 is dividend expected for the next period /year
- r is the required rate of return or cost of equity
To calculate the price of the stock today (P0), we use the dividend expected for the next period (D1). Similarly, to calculate the price of the stock one year from today (P1), we will use D2.
P1 = 0.5 * (1+0.09) / (0.12 - 0.09)
P1 = $18.16667 rounded off to $18.17
