2
- 7
= 4
- 7
= Since, we have same bases, we can subtract!
= To get,
=
-3 Answer
Answer:
12:39
Step-by-step explanation:
First, to make it easier, round the amount of time the movie lasts to the nearest hour. In this case, the movie "lasts" for 2 hours.
Add 2 hours to 10:40am. Note that when it hits 12, the am becomes pm.
10:40 + 2:00 = 12:40
Now, subtract 1 minute from the amount (1 hr 60 min - 1 hr 59 min = 1 min)
12:40 - 0:01 = 12:39
12:39 pm should be the time the movie ends.
~
11.36 would be the answer
It is close to 200 because 150 or above would be rounded to 200. Below 150 would be 100
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.
.
