Answer: A
Suppose that the last dollar that Victoria receives as income
brings her a marginal utility of 10 utils while the last dollar that
Fredrick receives as income brings him a marginal utility of
15 utils. If our goal is to maximize the combined total utility of
Victoria and Fredrick, we should
a. Redistribute income from Victoria to Frederick
b. Redistribute income from Fredrick to Victoria
c. Not engage in any redistribution because the current situation already maximizes total utility
d. None of the above
Step-by-step explanation:
Marginal utility is the added satisfaction derived from consuming an additional unit of a good or service. In the above question, Fredrick derives more satisfaction from his last dollar than Victoria, and will therefore achieve a higher marginal utility with additional income than Victoria does with her current income. If we want to maximize the combined utility, we should redistribute income from Victoria to Fredrick.
The logic behind this is the diminishing marginal utility. The first unit of a good consumed gives the highest level of satisfaction, marginal utility reduces with additional units consumed. In the same way, when we spend our income, we purchase the things that give us the maximum satisfaction first.
.
Answer:
The area of any regular polygon is given by the formula: Area = (a x p)/2, where a is the length of the apothem and p is the perimeter of the polygon. Plug the values of a and p in the formula and get the area. As an example, let's use a hexagon (6 sides) with a side (s) length of 10.
The area of a polygon is the two-dimensional set of all points surrounded by the sides of the polygon.
If you're looking for an equation, it varies based on the number of sides and the shape of the polygon.
Step-by-step explanation:
Apothem
A regular polygon is equilateral (it has equal sides) and equiangular (it has equal angles). To find the area of a regular polygon, you use an apothem — a segment that joins the polygon’s center to the midpoint of any side and that is perpendicular to that side (segment HM in the following figure is an apothem).
Answer:
The range of data is 9
Step-by-step explanation:
We know that
range of data = maximum value of data - minimum value of data
Now, we can find maximum value of data
and minimum value of data
so,
maximum value of data =9
minimum value of data =0
now, we can plug these values
and we get
range of data =9-0
range of data =9