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Elenna [48]
3 years ago
12

What is the difference between total utility and marginal​ utility? A. Marginal utility represents the consumer optimum while to

tal utility gives the total utility per dollar spent on the last unit. B. Total utility represents the consumer optimum while marginal utility gives the total utility per dollar spent on the last unit. C. Total utility is the total amount of satisfaction derived from consuming a certain amount of a good while marginal utility is the additional satisfaction gained from consuming an additional unit of the good. D. Marginal utility is subject to the law of diminishing marginal utility while total utility is not.
Business
2 answers:
Ierofanga [76]3 years ago
4 0

Answer:

Total utility is the total amount of satisfaction derived from consuming a certain amount of a good while marginal utility is the additional satisfaction gained from consuming an additional unit of the good.

Explanation:

As consumption increases, total utility increases but marginal utility would begin to diminish after a certain point is reached as a result of diminishing marginal utility.

The Law Of Diminishing Marginal Utility states that all else equal as consumption increases the marginal utility derived from each additional unit falls.

I hope my answer helps you

seraphim [82]3 years ago
4 0

Answer:

C) Total utility is the total amount of satisfaction derived from consuming a certain amount of a good while marginal utility is the additional satisfaction gained from consuming an additional unit of the good.

Explanation:

Total utility is the overall satisfaction a consumer derives from consuming a particular good or service. Each unit of good or service contains its own marginal utility. Total utility sums up the marginal utilities of such items. The elementary purpose of a consumer, is to derive the largest amount of utility with least expenses.

  In the law of diminishing marginal utility, it states that as more units of a single good or service are consumed, additional satisfaction known as marginal utility drops. The first good or service consumed has the highest marginal utility while the ones that follow it reduces rapidly.

  Marginal utility is the amount of satisfaction derived from consumption of additional units of a good or service. This is used to determine how much a consumer is willing to purchase. Satisfaction levels of a consumer are easily identified through marginal utility in order to influence the consumer's purchase decision. There are two cases involving marginal utility:- Positive marginal utility and Negative marginal utility. The positive marginal utility is said to happen when there is an increase I'm total utility through the consumption of an additional item while Negative marginal utility happens when total utility is decreased through the consumption of an additional item.

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First, regardless of the strategy, _____ storage and _____ storage must be secured.
shepuryov [24]

Answer:

The correct answer is offsite and onsite.

Explanation:

When implementing Business Continuity the preservation of company data comes first.

Business Continuity Plan/Strategies are those measures that a company puts in place to ensure that regardless of the threat, and or disruption to the existing model that allows them to provide goods or services, (e.g. tsunamis or earthquakes, riots and civil unrests, compulsory government curfew) they can continue to function, reach their customers and remain operational.

The first rule of Business Continuity Plan is to protect all information assets. Off-site data or information refer to those information and or data that are remotely stored. That is, they are secured far away from the physical location of the business such as a data or server farm, cloud storage etc.

Onsite data storage refers to storing data on the premises or site of the business. Some fo the tools used are Hard Disk Drivers, Solid State Drives, DVDs etc.

Cheers!

3 0
2 years ago
g Samco signed a 5​-year note payable on January​ 1, 2018​, of $ 475 comma 000. The note requires annual principal payments each
Tanya [424]

Answer:

B. a debit to Interest Expense for $ 42 comma 750.

C. a credit to Cash of $ 137 comma 750.

Explanation:

Payment of Note Payable includes the payment of interest on the outstanding balance and principal amount of the note. In this question it is the first payment of the note payable, so the outstanding balance is the face value of the note, Interest is calculated using this value, A fix payment of $95,000 is also made.

As per given data

Principal Payment = $95,000

First Interest payment = $475,000 x 9% = $42,750

Total Payment = $95,000 + $42,750 = $137,750

Journal Entry for first payment

Dr. Interest Expense $42,750

Dr. Not Payable         $95,000

Cr. Cash                     $137,750

6 0
2 years ago
Which of the following marketing budgets is based on marketing tasks? A. Bottom-up B. Customer-mix C. Percent-of-sales D. Top-do
Hunter-Best [27]
<h2><u>Answer:</u></h2>

The correct option is A (Bottom-Up)

<h3><u>Explanation:</u></h3>

As indicated by Theoretical Synthesis, "when an upgrade is displayed short and lucidity is unsure that gives an ambiguous boost, discernment turns into a best down methodology." Conversely, brain research characterizes base up handling as a methodology wherein there is a movement from the individual components to the entirety.  

Bottom Up Strategic Management. With a best down key methodology, the official group of the business sets up plans and objectives, and afterward imparts that system to center supervisors, who at that point move toward becoming entrusted with executing that procedure through general population representatives.

8 0
3 years ago
Pell Corporation manufactures computers. Assume that Pell allocates manufacturing overhead based on machine hours estimated 10,0
Contact [7]

Answer:

exist 139,200

Explanation:

Assume that Pell allocates manufacturing overhead based on machine hours, estimated 10,000 machine hours and exist 87,000 that implies that the standard cost per machine hour = exist 87,000 / 10,000 = 8.7 exist

Therefore the manufacturing overhead costs if Pell actually used 16,000 machine hours will be: 16000 x 8.7 = exist 139,200

8 0
2 years ago
determine the net income of a company for which the following information is available for the month of july. employee salaries
djyliett [7]

The net income of the company is $193,000

What is the net of the company?

The net income of the company is the total consulting revenue minus the salaries expense, interest expense, and rent expense, in other words, revenue minus total costs of running the company

net income=consulting revenue-rent expense-interest expense-salaries expense

consulting revenue=412,000

rent expense=23,000

interest expense=13,000

salaries expense=183,000

net income=412,000-23,000-13,000-183,000

net income=$193,000

Find out more about income statements on:brainly.com/question/24498019

#SPJ1

5 0
2 years ago
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