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trapecia [35]
3 years ago
8

In cardinal utility analysis A. it is recognized that numbers can not be assigned to utility. B. the concept of marginal utility

exists while in ordinal utility analysis marginal utility does not exist. C. numbers can be assigned to utility. D. marginal utility always increases as more of a good is consumed.
Business
2 answers:
BlackZzzverrR [31]3 years ago
8 0

Answer:

The correct answer is letter "C": numbers can be assigned to utility.

Explanation:

Cardinal utility is a form of measuring utility in economics assigning a numeric value to utility. Under such a scenario the unit of value is the "util". For instance, a new mobile device is 600 utils while a new laptop is 1,000 utils. The problem with cardinal utility relies on the lack of a scale from where to measure similar objects.

Dmitry_Shevchenko [17]3 years ago
7 0

Answer: In cardinal utility analysis, numbers can be assigned to utility.

Explanation:

Cardinal Utility is the utility that describes that an economic welfare can be observed directly and be given a value. One way to put value on goods is to see the price paid for the good. The utility derived from each commodity is measurable and the most convenient way of measuring utility is money that is, utility is measured by the amount of money that a consumer is willing to pay for units of a commodity.

For example, if we are ready to pay £7,000 for a second-hand Toyota Car, we can infer that we must get 7,000 utils. In other words, there is a relationship between the value of cardinal utility and the price one is willing to pay. The idea of cardinal utility is vital to rational choice theory as it allows consumers make optimal choices in order to maximise their utility.

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How is time like money? I have to write 3 paragraphs over how time is like money.
Leto [7]
When you think of time, you may look at your clock to see what time it is. Say the clock reads 12:25 am, and you're feeling hungry. You happen to have $11.25 in your wallet. This makes you think of the relationship between the money and time

How could money relate to time? Well, time only goes through a sixty minutes an hour. But, while the time goes, you can think, "it's a quarter past 12." This would represent 12:25 p.m. 

A quarter is money, and it was a quarter past 12. That is one way you could relate time to money. You could say, 11:25, 10:25, 9:25, and it could still mean a quarter past 11, 10, 9. "Quarter doesn't have the same meaning for both different terms, but we use the same vocabulary for both!

8 0
3 years ago
How do i type i am serious
Butoxors [25]

1

Place your fingers in the "home" position. That's the position in which your fingers will rest between keystrokes. No matter what part of the keyboard you're using, your fingers will always come back to rest in this position.[1]

Place your right index finger on the "J" key and let the other three fingers fall naturally onto the "K", "L" and ";" keys respectively. Place your left index finger on the "F" key and let the other three finger fall naturally onto the "D", "S", and "A" keys respectively. Both thumbs should rest on the space bar, but only the right thumb should key it.[2]

You should feel a raised bump on both the "F" and "J" keys. These will allow your fingers to find the home position without having to look at the keyboard.

2

Type each key from left to right. Type each letter covered by the fingers in the home position, going from left to right: a s d f j k l ;. You shouldn't have to move your fingers from their home positions. Just press the keys they are resting on.

3

Repeat, but this time capitalize. Repeat the step above, but this time in capital letters: A S D F J K L :. Use the shift key to capitalize rather than the caps lock. Push the shift key by moving only your nearest pinkie finger and pressing and holding it while pushing the desired letter with your other hand.

In other words, when the letter you would like capitalized is typed with your left hand, you press the right shift key with your right pinkie.

When the letter you would like capitalized is typed with your right hand, you press the left shift key with your left pinkie.

4

Become familiar with the rest of the alphabet. Learn where each letter is positioned on the keyboard, and use the nearest finger to contact each key. (The thumbs are never the nearest finger; they are used only on the space bar.)[3]

"q" "a" and "z" are typed with the left pinkie, and so are the tab, caps lock, and shift keys.

"w" "s" and "x" are typed with the left ring finger.

"e" "d" and "c" are typed with the left middle finger.

"r" "f" "v" "b" "g" and "t" are typed with the left index finger.

Your thumbs should never leave the space bar.

"u" "j" "n" "m" "h" and "y" are typed with your right index finger.

"i" "k" and the keys with "," and "<" are typed with the right middle finger.

"o" "l" and the keys with ">" and "." are typed with the right ring finger.

Your right pinkie finger is used for typing: "p", ";", ":", "'", """ (a quotation mark), "/", "?", "[", "{", "]", "}", "\", "|", and is used for pressing the shift, enter, and backspace keys.

5

Type your first sentence. Starting from the home position, type: "The quick brown fox jumps over the lazy dog". This sentence contains every letter in the alphabet, so it's a perfect sentence for practicing the correct finger positioning.

Type the sentence over and over, watching your fingers to make sure they go to the right keys and immediately return to home position.

Once you begin to feel comfortable with the way your fingers are moving, try to look at the screen while you type rather than looking at the keyboard. This is known as touch typing.

5 0
3 years ago
Broker Burns is negotiating a first trust deed loan for buyers. The buyers have signed a contract for a fifteen year loan. What
Harrizon [31]

Answer:

The answer is 2. Ten percent of the principal of the loan

Explanation:

By law, maximum commissions for first trust deed loans are at :

- 5% of the principal for loans less than 2 years or less than 3 years

- 10% of the principal for loans 3years and more.

Second trust deed loans, on the other hand, are stated at 5% for loans up to 2years, 10% for loans between 2-3 years and 15% for loans more than 3 years.

8 0
4 years ago
"Assume that Stephanie accumulates savings of $ 2 million by the time she retires. If she invests this savings at 12​%, how much
Lyrx [107]

Answer:

Explanation:

This is an annuity question. Use present value of annuity formula to solve this;

You can use a financial calculator to solve it. I'm using "Texas instrument BA II plus" calculator

<em>(Note: if using the same calculator as above ,enter the numbers first, then each respective function )</em>

N ; duration on investment = 20

I/Y; interest rate per year = 12%

PV; Present value = -2,000,000

FV; Future value = 0 (in annuities, use 0 if not given)

then CPT PMT = 267,757.56

Therefore, Stephanie will be able to withdraw $267,757.56

7 0
3 years ago
You want to ctegsosit $15,00na bank at an interest rate of 7 percent per year What is the uture vale of this money after three y
Svetlanka [38]

Answer:

A $18, 375.63

Explanation:

The amount to be deposited is $15,000

Interest rate is 7 percent

time is 3 years

the future value will be; the applicable formula

A = p x ( 1 + r) ^n

A = $15,000 x ( 1 + 7/100) ^ 3

A= $15,000 x 1.225043

A=$18,375. 64

6 0
3 years ago
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