Yes. The marginal utility per dollar of each good is equal.
No. The marginal utility per dollar of of high-quality apples is greater than the marginal utility per dollar of low-quality apples.
more; fewer
Brainliest Please :)
I’m pretty sure the answer is C. To cultivate responsibility in our students
Billion
This industry is booming
Answer:
They are currently earning an economic profit of $1,600 per year
Explanation:
Economic profit = total revenue - accounting costs - opportunity costs
in this case:
opportunity costs = interest earned by their bond investment + the salaries of the three sisters = ($120,000 x 7%) + ($35,000 x 3) = $8,400 + $105,000 = $113,400
accounting costs = $25,000
total revenue = $140,000
Economic profit = $140,000 - $25,000 - $113,400 = $1,600
Answer: Derivative security
Explanation:
Derivative security is referred to as the security that provides a payoff which depends on the values of other assets.
A derivative security is referred to as the financial instrument whereby the value depends on the value of another asset. There are different types of derivatives such as options, swaps, futures, and forwards. Example of derivative security is convertible bond.
