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bagirrra123 [75]
3 years ago
8

The law of diminishing marginal utility:_______a) allows us to make interpersonal utility comparisons. b) tells us that an addit

ional dollar is worth less to a millionaire than to a poor person. c) tells us the worth of an additional dollar of income. d) tells us that an additional dollar of income is worth less than the preceding dollar of income.
Business
2 answers:
Reika [66]3 years ago
7 0

Answer:

A) allows us to make interpersonal utility comparisons.

iogann1982 [59]3 years ago
5 0

Answer:

A) allows us to make interpersonal utility comparisons.

Explanation:

The law of diminishing marginal utility states that as each additional unit of product or service is consumed, the benefit or utility obtained from its consumption diminishes (is reduced).

For example, you are very thirsty and drink a cold Coke. The first glass was great, but if you continue drinking more, the satisfaction you get from drinking Coke reduces until finally you do not even want to drink any more.

The law of diminishing marginal utility is not applicable to money.

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3 years ago
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In an emergency situation, such as a life-threatening trauma in an emergency room, a supervisor must be:_______.
weqwewe [10]

Answer:

d. direct and assertive.

Explanation:

In an emergency situation, such as a life-threatening trauma in an emergency room, a supervisor must be direct and assertive.

When there's an emergency situation, this ultimately implies a life and death situation which is typically characterized by having someone being in a very critical and dangerous condition. In order to be able to save such an individual or situations, it is very important and essential to have a direct and assertive supervisor who is in charge or control of the emergency situation and capable of making quick decisions that would most likely salvage the situation.

A supervisor who is assertive is confident, bold and positive about his or her instructions in any situation, which is a prerequisite quality to overcome emergencies.

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2 years ago
Suppose the price of tablets increases by 8 percent and producers respond by increasing the quantity supplied by 20 percent. The
zimovet [89]

Answer:

The answer is: C) 2.5 and producers are very responsive to the price change.

Explanation:

The price elasticity of supply refers to what percentage does the quantity supplied change when the price of the good changes in 1%. It is calculated using the following formula:

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Price elasticity of supply of tablets = 20% / 8% = 2.5

For every 1% that the price increases, the quantity supplied will increase by 2.5%.

Since PES > 1, the supply is very price elastic.

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Which statements are true of a white dwarf?
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- it is the result of the core collapse of a low-mass star that sheds its outer layers.

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Explanation:

because its right, alright.

(PLATO)

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Answer:

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If the award was unsolicited and given to Joan in recognition for her accomplishments in scientific, educational, literary, religious, artistic, or civic fields, then the award is not taxed.

The unsolicited part is the key here, since most awards are given to candidates that have been previously been nominated by someone, e.g. Nobel prizes are only given to nominated candidates and the winners must pay income taxes.

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