Answer:
10
Total
Marginal
Explanation:
Marginal utility is the change in utility that occurs from consuming one extra unit of a good.
Marginal utitiy = 55 utils - 45 utils = 10 utils
Total utility is the utility derived from consuming a good or service.
When :
1. Total utility is 45 , marginal utility is 15
2. total utility is 55, marginal utility is 10
This shows that as total utility increases, marginal utility falls.
I hope my answer helps you
Answer:
uh... 180 divide by 8.5... multiply to 12
Answer:
$96.47
Explanation:
The Cost per thousand (CPM) refers to the cost of a media used in reaching 1,000 members of an audience. The M in CPM is the Roman numeral for 1,000.
The formula for cost per thousand (CPM) is:
CPM = (Cost of 1 Unit of a Media Program) ÷ (Size of Media Program's Audience) x 1,000
Cost of 1 Unit of a Media Program (Cost of the ad) = $82,000
Size of Media Program's Audience(Readership of Metro News)= 850,000
Therefore:
CPM = (82000 ÷ 850000) X 1000
=$96.47
Answer:
They came back home at 12 pm
Explanation:
Giving the following information:
The Burkes pay their babysitter $5 per hour before 11 P.M. and $7.50 after 11 P.M. One evening they went out for 4 hr and paid the sitter $27.50.
We need to formulate the total cost:
TC= 5*x + 7.5*y
x=5*4= 20
y=7.5*1= 7.5
TC= 5*4 + 7.5*1= $27.5
They came back home at 12 pm
Answer: $225
Explanation:
Deadweight loss is caused by inefficient allocation of the resources or when both the supply and the demand for a product aren't in equilibrium.
The deadweight loss will be calculated as:
= 1/2 base × height
= 1/2 × 15 × 30
= $225
