Answer:
Total utility is 50
Explanation:
Mathematically;
TU = U1+MU2+MU3+MU4+MU5
TU = Total utility
U1= utility of 1st product of good Y
MU2= Marginal utility of 2nd product of good Y.............
MU5= Marginal utility of 5th product of good Y
Solution:
TUy= 15+15+10+7+3
TUy= 50.
The correct answers for the following questions are:
- Extranet
- ED
- Operating cost.
<h3>Which type of network will best assist the firm?</h3>
An extranet is the type of network that will best assist the firm in receiving and managing documents from clients.
Therefore, Option D is correct.
<h3>Where should Louise place the file server?</h3>
The file server should be placed in an Encryption Device to allow safety while clients are signing into for document management.
Therefore, Option B is correct.
<h3>What is an Operating cost?</h3>
This means the ongoing expenses that are incurred from the normal day-to-day of running a business.
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Answer:
Edison cannot change the number of ovens he uses because it is fixed resources.
Explanation:
However, Edison's decision regarding how many workers to use can vary from week to week.
Each Monday, Edison lets them know how many workers he needs for each day of the week.
In the short run, these workers are variable resources, and the ovens are fixed resources.
Answer:
household buying goods and services in the product market
Explanation:
The product market is where final goods and services are sold to households and firms.
The factor market is where factors of production are exchanged.
Mary is buying food for her cat. There are no indications that Mary is a business and that the food is a factor of production. Therefore, Mary is an household and she's purchasing from the product market.
I hope my answer helps you