As a general rule, utility-maximizing choices between consumption goods occur where the <u>price ratio and </u><u>marginal utilities</u><u> ratio of two goods are equal.</u>
Marginal application is the delivered satisfaction that a patron gets from having one greater unit of a terrific or provider. The idea of marginal software is utilized by economists to determine how great a deal of an item consumers are inclined to buy.
In economics, marginal utilities are the pleasure or advantage derived by ingesting a product. The marginal application of an amazing or carrier describes how a great deal of delight or pride is gained or misplaced by means of consumers because of the increase or decrease in intake by means of one unit. There are three sorts of marginal software. They're effective, negative, or zero marginal utility. For instance, if you like consuming pizza, the second piece of pizza brings you greater pleasure than best eating one piece of pizza. It approaches your marginal application from shopping pizza is fine.
However, after ingesting the second piece you feel complete, and you would not experience any higher from consuming the third piece. this indicates your marginal software from eating pizza is 0. Moreover, you would possibly experience unwell in case you devour more than three pieces of pizza. presently, your marginal application is bad. In other words, a terrible marginal utility indicates that each unit of goods or carrier fed on will do extra damage than desirable, with a view to causing the decrease of common utility level, while the nice marginal software shows that every unit of goods or services fed on will increase the general utility degree.
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The answer to your question is true.
Answer:
Predetermined overhead rate = $0.8 per hour
Overhead applied in December = $34,960
Explanation:
Predetermined overhead rate = Estimated manufacturing overhead / Estimated direct labor hours
Predetermined overhead rate = $416,000 / 520,000 hours
Predetermined overhead rate = $0.8 per hour
(as Direct labor cost is equal to total direct labor hours worked multiplied by the wage rate.)
Actual Labor hour = 43,700
Overhead applied in December = 43,700 hours x $0.8 = $34,960
Answer:
d. Individuals in low-context cultures tend to be logical, analytical, and action oriented.
Explanation:
The statement that best describes low-context cultures is that: Individuals in low-context cultures tend to be logical, analytical, and action oriented.
By definition low-context cultures are those that communicate information in direct, explicit, and precise ways. This is in contrast to high-context cultures, which communicate in ways that are implicit and rely heavily on nonverbal language.
Therefore, in low-context cultures, emphasis is on logic and facts as such are more important than intuition in the decision making process
Answer:
Dynamo Corporation combines its assets and liabilities with those of Energy Company to form Fuel Inc. Dynamo and Energy cease to exist. The formation of Fuel Inc. is:______
a. a takeover.
Explanation:
The scenario implies that both Dynamo and Energy cease to exist as separate entities but become one now consolidated to be Fuel Inc. It means that Fuel Inc. took over the assets and liabilities of both Dynamo and Energy and they no longer exist as legal entities. Fuel Inc. is a new entity birthed by the fusion of Dynamo and Energy.