Answer:
The correct answer is A. extra satisfaction received from consuming one more unit of a product.
Explanation:
The marginal utility is the utility that we obtain for the consumption of an additional unit of a good or service.
The marginal utility (UM) refers to the concept of "additional" or "extra", it is the utility that is added or added when we consume a unit more than a good or service.
It depends on consumer preferences, which are not always known. However, regardless of its form or level, economists usually agree that it is generally true that as the consumption of an additional unit increases, the profit we obtain is falling. This phenomenon was reflected in the so-called "law of diminishing marginal utility".
Answer:
It is a very true statement (EPLAINED) below.
Explanation:
The pre-eminence concerning the product in agile denotes extra meaning than meanwhile traditional project management (this means a worldly exercise which involves a collection of advanced methods applied for preparation, evaluating, and managing actions), because that result, conversely outcome will encourage this illustration of a specific project. Through adopting a methodical manner for constructing a WBS, project company constituents can guarantee that they comprehend all deliverables that are demanded to be formulated.
Answer:
Current ratio for 2022: 0.311
Current ratio for 2021: 0.231
Explanation:
The current ratio is a liquidity ratio that indicates a company's ability to pay its current liabilities when they come due. The current ratio is calculated by the following formula:
Current Ratio = Total Current Assets/Total Current Liabilities
In Bob Evans Farms:
Current ratio for 2022 = $80,200/$257,500 = 0.311
Current ratio for 2021 = $71,809/$311,100 = 0.231
Answer:
The dividend payout ratio is 43.33% as shown below
Explanation:
EBIT is an acronym for earnings before interest and tax, it is given as $2 million.In other words, to arrive at net income we need to deduct interest on loan and tax.
EBIT $2000000
less interest(5000000*10%) ($500000)
Earnings before tax $1500000
Tax @40% ($600000)
Net income $900000
Since capital project requires 60% of equity(net income belongs to equity holders),hence we need to deduct 60% of capital outlay from net income to arrive at distributable earnings.
distributable earnings =$900000-(60%*$850000)
=$390000
Hence dividend payout ratio=distributable earnings/net income
=$390000/$900000
=43.33%
Answer:
Given marginal costs and benefit
for firm A: MC=150+3Q
for firm B: MC=10+9Q
Marginal Benefit: MB=250-4Q
Socially optimal level of each firms pollution reduction
MC=MB
150+3Q=250-4Q
7Q=100
Q=14.3
for firm B
10+9Q = 250-4Q
13Q=240
Q=18.5
HERE THE THREE SCENARIOS
1) iF BOTH FIRMS ARE REQUIRED TO REDUCE POLLUTION BY THE SAME AMOUNT THEN
Total surplus is equal to total benefit minus total cost. The total benefit is equal to the area under the marginal benefit curve
The same total reduction could be achieved by requiring each firm to reduce pollution by 25.6 units. This would be less efficient than the social optimum since it would be less costly for firm B to reduce pollution by more and for firm A to reduce pollution by less
2)A common tax could be used to achieve the social optimum. Setting a tax of 250-4Q would lead firm A (respectively, B) to reduce pollution to the point where MC A = 250-4Q (respectively MC B = 250-4Q). Solving gives Q A = 14.3 and Q B = 18.5
3)POLLUTION PERMITS LEADS TO PROBLEM OF INTERNALIZATION
Requiring both firms to reduce pollution by 25.6 units but allowing them to trade pollution permits can also be used to achieve the social optimum.