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Natasha_Volkova [10]
4 years ago
15

Marginal utility:

Business
1 answer:
Monica [59]4 years ago
7 0

Answer:

a. is the change in total satisfaction derived from consuming one more unit of a good.

Explanation:

Marginal utility: It defines as changes in total satisfaction of consumers with one additional unit changes in the consumption of goods. It derives satisfaction level of consumer with the units of goods consumed, similarly usage of product changes with the number of the product we have in stock or purchased.

Formula; Marginal utility= \frac{Changes\ in\ total\ utility}{Changes\ in\ number\ of\ units\ consumed}

There are several types of marginal utility:

  • Zero marginal utility.
  • Positive marginal utility.
  • Negative marginal utility.
  • Increasing marginal utility.
  • Diminishing marginal utility.
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Some risks can be mitigated
OverLord2011 [107]

Answer:

True

Explanation:

If a natural disaster occurs, house insurance can prevent you from further financial loss, as some compensation would be given.

4 0
4 years ago
Which of the following are functions of a small firm? I. The provision of goods and services. II. The offering of personalised s
Mumz [18]

Answer

i and ii

Explanation:

they provide goods (i)

because they are small it can be personalised

6 0
4 years ago
The major diversification strategy through which products are produced that are technically similar to the company’s current pro
Anon25 [30]

Answer:

a. Concentric diversification

Explanation:

The concentric diversification is a diversification in which a company purchased or developed its new products that are closely related to that product in which the company is dealing in order to enter one or more markets

Here in the given situation, since the company produced that product that are same to their current markets so that they could enter into a new customer group so this represents the concentric diversification

8 0
3 years ago
Alice and Harry Williams owned land in Clark County, Washington. They leased the land to to Whatcom Ltd. for use as a convenienc
mart [117]

Answer:

1) For seeking unpaid compensation.

2)Yes

3) by being proactive and ensuring that their documentation is in order and complies with the Act to protect against future mechanic's liens.

Explanation:

1) Mechanic’s liens are legal documents that essentially reserve the rights of the filer to seek unpaid compensation.

2) If the subcontractor or supplier (Donald in this case) isn't paid by the general contractor (whatcom in this case), the law allows the subcontractors to come after the house owner (Alice and harry) and the real property that was improved (which is often a house).

3) Property owners should be proactive from the start. Even before the construction process begins, owners should ensure that their documentation is in order and complies with the Act to protect against future mechanic’s liens. The Act affords great protection for owners when the Act is strictly adhered to. Even minor deviations from the Act by general contractors or subcontractors may declare a lien unenforceable.

Before the improvement starts, the property owner should have: a written construction contract with the general contractor, a contractor’s sworn statement, lien waivers, and an owner’s sworn statement.

8 0
4 years ago
Simpkins Corporation does not pay any dividends because it is expanding rapidly and needs to retain all of its earnings. However
viktelen [127]

Answer:

Value of the stock today=18.51

Explanation:

Price of the stock today = \frac{D3}{(1+ke)^3}+\frac{D4}{(1+ke)^4}+\frac{D5}{(1+ke)^5}+\frac{D6}{(1+ke)^6}+\frac{P6}{(1+ke)^6}.

where and P6= \frac{D7}{ke-g}

Estimate of the stock's current price = \frac{0.75}{(1+0.14)^3}+\frac{0.75(1.65)}{(1+0.14)^4}+\frac{0.75(1.65)^2}{(1+0.14)^5}+\frac{0.75(1.65)^2(1.07)}{(1+0.14)^6}+\frac{0.75(1.65)^2(1.07)^2}{(0.14-0.07)(1.14)^6} =  18.51

8 0
4 years ago
Read 2 more answers
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