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Anestetic [448]
3 years ago
12

Suppose you are spending two hours a day studying economics, and your grade is 85 percent. You want a higher grade and decide to

study for one extra hour a day. As a result, your grade rises to 90 percent. Your marginal benefit of the hour studying is
Business
1 answer:
il63 [147K]3 years ago
5 0

Answer:

a 5 percent increase in your grade.

Explanation:

Marginal benefit refers to the additional benefit or utility obtained from consuming one extra unit of a product or service, or doing one extra unit of some type of activity.

For example, the marginal benefit of working out at least 30 minutes per day is that you body will be in better shape and you will be healthier. The marginal benefit of buying one more gallon of gas is that you will be able to drive your car 25 more miles.

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If a person wants to start a business but limit the amount of liability he is responsible for, a _____________ would be most app
vladimir1956 [14]
He is responsible for a sole partnership
3 0
3 years ago
Using this feature will fit an image to the size of an image frame.
Aleonysh [2.5K]

Answer:

c option

Explanation:

8 0
3 years ago
What are the different types of economic measurements used to analyze most economies
Nata [24]

Answer:

The levels of poverty.

Exchange rate.

The productivity of laborers.

National debt/The total borrowings of the government.

Inequality in Income.

Real Disposable Income

The Misery Index.

Explanation:

The above are some of the distinct types of economic measurement methods that are employed to analyze the economic growth of a nation. The higher poverty level affects the economic growth negatively. Similarly, the exchange rate, the labor productivity, the amount of national debt, income inequality, etc. are the key factors that displays the economic health of a country. It helps show how well a nation has performed in a specific duration and where they are lagging behind in comparison to other nations.

7 0
3 years ago
At the beginning of this year, daily consumption of gasoline in the US amounted to 344 million gallons. It is estimated that for
Shkiper50 [21]

Answer:

335.43 million gallons

Explanation:

price elasticity of demand (PED) = % change in quantity demanded / % change in price

PED = -1.9% / 10% = -0.19, very inelastic

expected price increase $0.40

% change in price = ($3.45 - $3.05) / $3.05 = 13.11%

% change in quantity demanded:

-0.19 = D / 13.11%

D = 2.49%

quantity demanded will decrease by 2.49%, from 344 million gallons to 335.43 million gallons

8 0
3 years ago
Catherine, a senior project manager, has advance knowledge of the projects that her team will be handling in the next six months
labwork [276]

Answer:

The correct answer is letter "C": one of the satisfactions of being a leader.

Explanation:

The satisfaction of being a leader implies all those benefits employees with high rank and influence in the companies have. Those satisfactions are not merely monetary but also include having a wider knowledge of what the purposes of the firm are in the short and long term.

4 0
3 years ago
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