The utility is not maximized since the marginal utility gained from the fifth sandwich is greater.
In economics, utility refers to the entire satisfaction or benefit gained from consuming an item or service. Consumer utility maximization is commonly assumed in the economic theories based on the rational choice.
In economics, the marginal utility is the additional satisfaction (utility) that a buyer receives by purchasing an additional unit of the product or the service. It computes utility once the first product is consumed (the marginal amount).
Therefore, the utility is not maximized , from the fifth sandwich onwards the marginal utility is more.
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Answer:
John takes $100 of currency from his wallet and deposits it into his checking account. If the bank adds the entire $100 to reserves, the money supply <u>WILL NOT CHANGE</u>, but if the bank lends out some of the $100, the money supply <u>WILL INCREASE</u>.
Explanation:
Any monetary injection to the banking system will increase the money supply only if the banking system (the whole set of banks) lends the money. The total effect is calculated by the increase in money x the money multiplier. The money multiplier = 1 / required reserves.
If the bank does not lend the money, then the money supply will not change.
Answer: buy the stock
Explanation:
Fair value refers to the price of an asset that's determined by the buyer and the seller. It's the worth of an asset. The market value is the price an an asset is sold in the marketplace.
By comparing the fair value and the market price, one can know if to invest in a asset or not. Since the fair value is more than the market price, then the should be bought.
Answer:
All of these actions except "nothing unless the victim herself files a claim, because there is no anti-harassment policy, so you have no authority in the matter"
Explanation:
Harassment is legally actionable because it is a form of discrimination. Under EEOC´s guidelines hold rules that applied all times are presumptively discriminatory. Sexual harassment is absolutely unwelcome at the workplace or outside the workplace. No employer is allowed to take sexual favor in exchange for job opportunities or security. It is unlawful to involve the employee in an activity which require sexual favor from her or where she is getting sexually harassed. All the employers have a duty of care to protect their workers and will legally liable for sexual harassment in the workplace if they have not taken any reasonable action to prevent it.
