Answer: A. make rational economic decisions.
Explanation:
The marginal benefits refer to the maximum payment that a consumer will make for an additional good or service.
Marginal cost is the additional cost involved in manufacturing a product with an additional service, due to the additional manufacturing of the product.
These two measures determine how the value of a product should change; if the price increases or decreases due to marginal benefit or marginal cost.
For example, <em>when buying one unit of a product the cost is usually higher than when buying multiple units. Likewise, when a product is purchased that has exclusive use or whose unit creation is high, the cost of the product will also be high due to its marginal benefit.</em>
<em>I hope this information can help you.</em>
Answer:
d) 57.5% men, 82.5% women, 70% total customers
Explanation:
To find out the percentage of men who rated the service as excellent, just divide the number of men who rated the service as excellent (115) by the total number of men (200) and multiply the result by 100.
(115/200) * 100 = 57.5%. Therefore, 57.5% of men rated the service as excellent.
Similarly, to find out the percentage of women who rated the service as excellent, just divide the number of women who rated the service as excellent (165) by the total number of men (200) and multiply the result by 100.
(165/200) * 100 = 82.5%. Therefore, 82.5% of men rated the service as excellent.
Finally, to find the total of people who rated the service as excellent, you must add the number of men and women who rated the service as excellent (115 + 165) and divide by the total number of man and women (400) and multiply by 100.
115+ 165 = 280
(280/400) * 100 = 70%
Therefore, 70% of people rated the service as excellent.
Answer:
The correct answer is letter "E": diminishing marginal utility.
Explanation:
The Law of Diminishing Marginal Utility states that the more you use a good or service, the less pleased you will be with each use or use that follows. The law of diminishing utility is a key principle in assessing consumer preferences. This assumes consumers are rational and spend money in such a way as to maximize their contentment with each subsequent unit without impacting their overall enjoyment negatively.
Answer:
The five banks' reserves will increase by $50 million, while the monetary base will increase by $100 million ($50 million in banks and $50 million out with the clients)
Explanation:
The five banks:
assets liabilities
reserves +$100 million Fed's loan +$100 million
reserves -$50 million clients' deposits -$50 million
net effect
reserves +$50 million Fed's loan +$100 million
clients' deposits -$50 million
The Fed
:
assets liabilities
loans to 5 banks reserves in banks +$50 million
+$100 million
currency +$50 million
net effect
loans +$100 million reserves +$50 million
currency +$50 million