Answer:
Retailer
Explanation:
When a producer directly sells the goods to customers, who directly consume the goods rather than further sale, then the producer or seller is termed as retailer.
Goods on retail simply means sales for direct consumption.
Here, Phoenix Farms produces fresh food products which are directly consumables and are sold directly rather than involving intermediaries thus, he is a <u>retailer</u>.
Using formula: Marginal Utility=Change in Total Utility/Change in Quantity
<span>So, the marginal utility of each good will be 30/$2, or 15/$1.
Multiply this marginal utility by the price of each good/service to obtain the marginal utility per unit of good.</span>
<span>Since marginal utility of good A is given then by using this formula
the the marginal utility of good B is 60 , MU of good C is 45 and MU of good D is 15</span>
Answer:
None of the above
Explanation:
This can be explained as (net income - preferred dividends)/ weighted-average common shares outstanding
132,000 - 27,000/ 80,000 = 1.31 ≅ $1310.
