The greatest amount of satisfaction comes from good's consumption of utility or say utility maximizer.
<h3>What is the term about?</h3>
A utility maximizer is known to be a person that seeks to get the highest satisfaction or happiness.
Utility is known to be the happiness or benefit consumers gotten from a good's consumption.
Therefore, The greatest amount of satisfaction comes from good's consumption of utility or say utility maximizer
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Answer:
Explanation:
The net book value of the property(land and building) at the end of year 2
Building(89,000 + 7,000 + 16,000) 112,000
Less; Depreciation for 2 years(10,200*2) (20,400) 91,600
Land(107,000 + 3,000) 110,000
Net book value of property 201,600
The correct answer is the salience of surface similarities. The
salience of surface similarities are likely to focus more on the surface level
properties by which they are likely to be opposed to the underlying principles
that are being shared.
Answer:Therefore, total surplus is maximized when the price equals the market equilibrium price. In competitive markets, only the most efficient producers will be able to produce a product for less than the market price. Hence, only those sellers will produce a product
Explanation: i no it
Answer:
d.the company is precisely breaking even.
Explanation:
Margin of safety is referred to current sales - Break even sales ratio to current sales as a percentage.
Basically it is quoted as follows:
Therefore, when the current sales = Break even sales then only the company will have margin of safety = 0
Thus, at 0 margin of safety the company basically is at no profit no loss situation, that is break even.
