<u>Explanation:</u>
Note, the term diminishing marginal utility refers to an economic principle that states that the more unit of a particular commodity or service we consume, the more the satisfaction (utility) derived out of the consumption reduces or diminishes.
For instance, if I watched movies produced by a particular entertainment company for several days (eg Disney Studios), I may become dissatisfied using this particular entertainment provider and may decide to try another service (Netflix).
Another instance could occur after exercising, I'm given 3 bottles of coke, after taking my first bottle, the amount of utility I derive would reduce until I get to the third bottle, at this point I've reached my peak.
The law of diminishing marginal utility failed for someone I know who had used the same type of toothpaste and brushed her teeth at least once a day for a period of over 10 years.
Answer:
False
Explanation:
A put option buyer purchases a right to sell a currency on expiry date at a pre determined exercise price or strike price. Put buyer is not under any obligation to sell the option. He will only exercise the right when it is beneficial for him.
3 terms are relevant here,
OP= Option premium paid
CMP= Current Market Price
EP= Exercise or strike price
A put buyer gains when his exercise price is more than the CMP on the expiry date.
His gain is = EP - CMP - OP
So, when exercise price as reduced by option premium paid is equal to current market price, break even point for a put buyer is reached.
Hence the given statement is false.
Answer: B. macroeconomics analysis
Explanation: Macroeconomics analysis is the branch of economics that studies the economy as a whole and it focuses majorly on three areas viz national output, inflation and unemployment.
Macroeconomics analysis of unemployment tells how many people from the labor force are unable to find work despite being able and willing to work. Whenever the economy shows growth, indicated in the GDP growth rate, the rate of unemployment tends to be low. The reason behind this is that output becomes higher with rising real GDP levels, hence, more laborers/workers/employees are needed to keep up with the increased levels of production. Also, interest payment by a government on excessive debt tend to harm the economy and may lead to harsh economic policies, which can increase unemployment through layoffs, downsizing etc.
Yes you will be able to afford your monthly payment 20+20=40+10=50+60=110+650 will be 760 out of 2100 so yes you can afford it