Answer: The marginal utility is 2
Explanation:
Utility is the satisfaction derived from the consumption of a particular commodity. Total utility is the total satisfaction derived from the consumption of a particular commodity. Marginal utility is the extra satisfaction that a consumer gets from consuming a product. Utility is measured in utils.
Marginal utility increases with an extra consumption of a good at first but later it begins to reduce as the extra good consumed doesn't really have give the consumer enough satisfaction anymore.
Regarding the question, eating 5 hotdogs gives 40 utils and eating 6 hotdogs gives 42 utils.
The marginal utility is the extra utils which will be 42-40 which gives 2 utils.
Answer:
The correct answer is letter "D": environmental costs included in market price.
Explanation:
Oil and other resources like natural gas are used as fuel and energy sources. However, <em>the environmental cost of extracting them is not included in the market price</em>. If that would happen, prices of those sources would not be accessible to regular consumers.
The exploitation of oil emits methane which is a gas even more harmful to the environment than carbon dioxide. Governments in most cases regulate the oil exploitation considering the environmental impact of that activity.
Answer:
TRUE
Explanation:
The coupon rate for a bond is fixed and is paid by the issuer of the bond to the bondholder. The cash outlay/inflow to the issuer/bondholder is always the same reardless of the market rate.
The effect of the market rate is on the cost to acquire the bond in the secondary market. It do not change the coupon obligation.
To create a balanced budget, one must balance needs against wants.
In order to Create a balanced budget you should:
<span>1. Keep track of your </span>financial gain<span> and expenses.</span>
<span>2. Stay on </span>top<span> of your monthly bills.</span>
<span>3. Be </span>ready<span> for </span>surprising<span> expenses.</span>
4. Not overspend.
<span>5. Figure out </span>what quantity you wish to save lots of to satisfy your monetary goals.
payable = money owed by a company to its creditors
receivable = money owed to a company by its debtors.
