Answer:
D) Marginal utility of the last unit of each product consumed is the same.
Explanation:
To maximize utility with a given income constraint, a consumer must chose products to maximize utility. This can be done so that each extra dollar, which is the marginal income, spent on each of these products yields the equal marginal utility. For example if one product yields more marginal utility per marginal dollar spent, the consumer should reallocate their income so they consume more of this product and less of others, so much so that the utility derived from this product equals utility derived from other products.
Utility is maximized when these marginal utilities per marginal dollar spent coincide.
Hope that helps.
Answer:
A) Part-time members must sever employment relationships with former employers
D) IASB shall comprise 16 members, and up to 3 of those members may be part-time
Explanation:
Since December 1, 2016, the International Accounting Standards Board (IASB) has 14 board members (reduced from 16 by the 2015 constitution review). All of the 14 members are full time members, there are no more part time members. Each member is appointment for a 5 year initial term that can be renewed for either a 3 or 5 year second term. But no member can serve for more than 10 years.
Answer:
The correct answer is letter "B": quality work.
Explanation:
The quality of a good or service determines if the standard expectation of a product is met according to a consumer. Typically, when the good or service has above-standard quality, consumers are likely to purchase it regularly. The opposite happens with below-standard goods or services: consumers stop buying them.
There is NO general rule for the percentage of debt to gdp that will make a government bond yields spike
Answer:
Sustainable growth rate = 20.86%
Explanation:
Given the total asset turnover = 3
Profit margin = 5.9%
Equity multiplier = 1.50
Payout ratio = 35%
Sustainable growth rate = ROE * (1 – payout ratio) / 1- ROE * (1 – Payout ratio)
ROE = Profit margin * total asset turnover * equity multiplier
ROE = 5.9 * 3 * 1.5
ROE = 26.55%
Sustainable growth rate = 0.2655 * (1-0.35) / 1 – 0.2655 * (1-0.35)
Sustainable growth rate = 20.86%