A consumer will consume such that price equals marginal benefit for every good consumed because

1 answer:

monitta3 years ago

8 0

The answer is that "because utility<span> is </span>maximized"<span>.
</span>
The condition for maximization of utility describes that Utility is expanded or maximized when add up to expenses level with the financial plan accessible and when the proportions of marginal utilities to costs are equivalent for all goods and services.

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A bank has $50 million in assets, $47 million in liabilities and $3 million in shareholders' equity. If the duration of its liab

Alisiya [41]

Answer: 1.222

Explanation:

The Average duration can be derived from the formula:

Assets * Average Duration = Liabilities * Duration of Liabilities

Average Duration = (Liabilities * Duration of Liabilities) / Assets

= (47,000,000 * 1.3) / 50,000,000

= 61,100,000 / 50,000,000

= 1.222

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Batman parked the Batmobile himself and kept the bat keys. There was no attendant at the lot. Two hours later, Batman left the r

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Answer:

First of all, there was no attendant in the parking lot when batman arrived, meaning that he did not hand the keys. Batman kept the leys to himself all the time, so there is no transfer of possession. Without a valid transfer of possession, bailment cannot exist. Whether Batman ate at the restaurant or spent time talking to Wonder Woman do not change the facts that the safety of his Batmobile was his responsibility only.

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True or false, patients can request a copy of billing records associated with their care

balandron [24]

True customers come first.

Hope this helped :)
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3 years ago

Willa and Westley are siblings who built a hair salon business from the ground up. They are now contemplating opening an additio

lorasvet [3.4K]

The correct option is C

<u>Explanation:</u>

The annual profit increase = $400,000

<u>The following formula is to be used in order to calculate the total profit enhancement in five years </u>

The total profit increase in 5 years = 400000 multiply with 5 = $2,000,000 = $2 million , As compared to cost of $1 million.

Thus, The correct option is answer (C) To take on the new salon because the expected marginal benefit ($2 million over 5-years) is greater than the estimated marginal cost ($1 million).

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Sew much fabrics buys fine linens, silks, and other fabrics from sellers in more than 30 countries to retail to local customers.

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Sew much fabrics is an example of a company that imports.

<h3>What does import mean?</h3>

Import is when a good or service is brought into a country from a foreign country. An example of import is when a person living in the US buys silk from Italy.

Reasons for import

There may be more varieties in foreign countries.
The imported good could be of a better quality.

To learn more about imports, please check: brainly.com/question/26497713

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