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Virty [35]
3 years ago
13

Suppose that the total utility from consuming one unit of good X is 54 utils, the total utility of two units of good X is 74 uti

ls, and the total utility of three units of good X is 84 utils. The marginal utility of the third unit is___________.
a. 10 utils.
b. 70.67 utils.
c. 12.25 utils.
d. 20 utils.
Business
1 answer:
mars1129 [50]3 years ago
4 0

Answer: a. 10 utils

Explanation: The marginal utility from consumption of the third unit of goods is gotten by taking the difference between the total utility derived from three units of goods and the total utility derived from two units of goods.

Total utility from three units = 84 utils

Total utility from two units = 74 utils

84 - 74 = 10 utils which is the marginal utility of the third unit.

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On January 12, 2021, Jefferson Corporation purchased bonds of Rose Corporation for $52 million at par and classified the securit
sineoko [7]

Answer:

Transaction gain = $16 million

Explanation:

Given:

Purchase amount = $52 million

December 31, 2021, bonds value = $46 million

October 3, 2022, bonds sold = $62 billion

Computation:

Using multi-step approach

Transaction gain = October 3, 2022, bonds sold - December 31, 2021, bonds value

Transaction gain = $62 million - $46 million

Transaction gain = $16 million

5 0
3 years ago
A broker-dealer is physically located and registered in State A. The broker-dealer has an existing client in State A who is a st
mars1129 [50]

Answer:

D) The broker-dealer must be registered in State B in order to contact the client while she is in medical school in State B

Explanation:

Since the client will live in state B for an extended period of time, at least 4 years if she completes medical school, the broker-dealer must be registered in state B if he wishes to continue doing business with her.

If the client would have only gone to state B for a few months, then the broker could have still worked with her without registering in state B since the client could be considered on a vacation trip.

7 0
3 years ago
Three cards are drawn from a deck without replacement. Find these probabilities. a. All are jacks. b. All are clubs. c. All are
AVprozaik [17]

There are 4 jacks in the deck.

13 are clubs and 26 are all red cards.

The computation for the following problems are shown below:

a.       All are jacks

Computation: 4/52 * 3/51 * 2/50 = 1/5525

b.      All are clubs

Computation: 13/52 * 12/51 * 11/50 = 11/850

c.       All are red card

Computation: 26/52 * 25/51 * 24/50 = 2/17

6 0
3 years ago
Heather Green usually buys Heinz Catsup because she likes its taste. But this morning her local grocery was surprisingly out of
Radda [10]

Answer:

a. preference

Explanation:

As in the question it is mentioned that the heather Green normally purchased heinz Catsup as she likes the taste but she decided to purchase another brand i.e. highly advertised also it was on sale and she really needs it

So here the Heinz achieved the preference as usually she purchased the Catsup product but sh purchased another product due to high advertisement

So the preference is shifted to another product

Therefore option a is correct

3 0
3 years ago
Cusic Music Company is considering the sale of a new sound board used in recording studios. The new board would sell for $26,400
Sav [38]

Answer:

The correct answer is = $64,409,960

However, if we assume there are no Differed Tax, the answer will be

$47,371, 400

Explanation:

OCF stands for Operating Cash Flow.

The basic formula for Operation Cash Flow is =

Net Income + Non-Cash Expenses - Increase in working capital

Net Income:

Old Boards = 1,520 x 24,900 = $37,848,000

New Boards = 1500 x 26,400 = $39,600,000

Total Income = $77,448,000

Non-Cash Expenses:

Depreciation = 1.875 million + 2.9 million = $4,775,000

(Assumption) Differed income tax = 22% of Sales  = $17,038,560

Total Non-Cash Expense = $21,813,560

Increase in working Capital:

45% of Sales

i.e. $34,851,600

Hence:

77,448,000 + 21,81 3,560- 34,851,600

= $64,409,960

3 0
3 years ago
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