Answer:
B) diminishing marginal utility
Explanation:
The law of Diminishing marginal utility states that utility falls as consumption increases.
The law of demand states that the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.
Because of diminishing marginal utility, consumption can be encouraged by reducing price.
As utility falls, consumers would be unwilling to buy more goods at the same price, therefore it would be reasonable to reduce price to encourage consumption.
Answer:
No
Amos McCoy is earning an economic loss. His implicit cost ($200) is greater than his accounting profit ($100)
Explanation:
Economic profit it accounting profit less implicit cost.
Accounting profit is total revenue less total cost or explicit cost.
Implicit costs are opportunity costs.
Economic profit = $100 - $200 = $-100
Amos McCoy Is making an economic loss of $-100
I hope my answer helps you.
Answer:
Word-for-word.
Explanation:
Word for word plagiarism is seen to be an unethical form of writing where the said student or researcher is seen to copy a fellow researchers works verbatim and particularly word for word with also quotation marks too. In as much as this is a bad form for writers, people are always seen to commit themselves in still doing it. This can cause a lawsuit in some places depending on the researcher whose work is been stolen/copied.
In all, it is been tagged an act of intellectual dishonesty which comes with uneasy consequences when it is done to a wrong person; a plagiarized assignment may lead to a failing grade, a suspension, or an expulsion.
A customer who is long 1 OEX may 315 call exercises the contract on this day. the customer will receive $58.00. Option A
This is further explained below.
<h3>What is called exercises?</h3>
Generally, If you possess a call option and the current stock price is greater than the strike price, it makes financial sense for you to execute your call option at this time.
You are able to make a profit by purchasing the stock at a lower price so that you can either instantly resell it to the market at a higher price or keep it for the long term.
In conclusion, On this day, a client who is long 1 OEX and has a 315 call option on the contract may execute it. The total amount that the client will get is $58.00. Alternative A
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