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erica [24]
3 years ago
10

What role does utilityLOADING... play in the economic model of consumer​ behavior? When modeling consumer​ behavior, utility A.

identifies the combination of goods and services that can be produced most efficiently. B. provides an objective measure of satisfactionsatisfaction from consuming a particular set of goods and services in units called​ "utils." C. reflects the enjoymentenjoyment a consumer receives from consuming a particular set of goods and services. D. identifies the consumer who receives the most satisfaction from consuming a particular set of goods and services. E. identifies the combination of goods and services that is leastleast expensive.
Business
1 answer:
emmainna [20.7K]3 years ago
4 0

Answer:

B. provides an objective measure of satisfaction from consuming a particular set of goods and services in units called​ "utils."

Explanation:

When modeling consumer​ behavior, utility <u>provides an objective measure of satisfaction from consuming a particular set of goods and services in units called​ "utils."</u>

<u>In economics, the utility function measures the welfare or satisfaction of a consumer as a function of consumption of real goods such as food or clothing. </u>

<u>Utility function is widely used in the rational choice theory to analyze human behavior.</u>

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The kind of policy is needed Level term.

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6 0
2 years ago
How long does a developer keep a receipt of having given a public report to the buyer?
natita [175]

5 years long does a developer keep a receipt of having given a public report to the buyer.

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5 0
1 year ago
Initial margin requirements are determined by:________
Goryan [66]

Answer:

b. the Federal Reserve System.

Explanation:

Initial margin refers to the deposit made by an investor with a broker, in order to open a margin account. The purpose of initial margin is security and collateral to ensure enough availability of cash in the trading account of the investor.

For instance an investor wants to purchase 4000 shares priced at 15$. In this case, he is supposed to deposit 50% of $60,000 i.e $30,000. The remaining $30,000 is contributed by the brokerage firm, regarded as borrowings on which the investor pays interest.

The initial margin limit is fixed by the Federal Reserve System.

3 0
4 years ago
A(n) __________, used to justify the project is typically prepared in the analysis phase of the secsdlc, must be reviewed and ve
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A CBA , used to justify the project is typically prepared in the analysis phase of the secsdlc, must be reviewed and verified prior to the development of the project plan.

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4 0
2 years ago
P13–11 EPS calculations Southland Industries has $60,000 of 6% (annual interest) bonds outstanding, 1,500 shares of preferred st
777dan777 [17]

Answer:

$1.28

Explanation:

The computation of the earning per share is shown below:

As we know that

Earning per share = Net income ÷ Number of shares outstanding

where,

Net income is

Earning before interest and taxes      $24,600

Less: Interest

($60,000 × 6%)                                      - $3,600

Income before tax                                  $21,000

Less: tax for 40%                                    - $8,400

Earning after tax                                     $12,600

Less: Preference dividend

(1,500 shares × $5)                                  -$7,500

Income available                                       $5,100

So the earning per share is

= $5,100 ÷ $4,000

= $1.28

3 0
3 years ago
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