Answer:
Consumers would not keep buying ice cream at $2.75 because after purchasing a certain amount of ice cream, utility would be maximised and consumers would not value ice cream at $2.75 anymore. Consumers would not purchase a product it the marginal utility that would be derived from consuming the product is less than the price.
According to the law of diminishing marginal utility, as more units of a product is increased, total utility increases but at a decreasing rate.
Explanation:
Marginal utitiy is the increase in utility that is derived from consuming one more unit of a product.
Send a notarised letter to her employer requesting that they withhold additional amounts from her pay each month.
Option C
Explanation:
A certificate approved by a notary public is a notarised text. The notary public is a public officer who confirms the identity of everyone who signs the document, observes the signatures and seals the document.
If at the flat rate or the low marital rate they withhold.
Many deductions are claimed: any gain they claim decreases the amount deducted. In the case of a further refund: you will petition for a further amount of each paycheck that is withheld.
Answer:
Resources are limited in supply(scarcity) while wants are unlimited thus one has to make a choice to satisfy a need.Some choices are forgone(opportunity cost)
Answer:
Option D is the correct answer to this question.
Explanation:
Laura sat in on only one of Amanda's presentations before giving her the promotion.
They were made by hand before slides were mounted on computers. Designing a PowerPoint presentation took several hours and though it was costly. Presentations were illustrated back then people with devices such as journal flip charts and computer monitors, but these have been used in schools and conference rooms worldwide.
Other options are incorrect because they are not related to the given scenario.
Answer:
Because he is able to cover the variable cots, he should keep going in the short run. He must increase the number of walks to cover the fixed costs.
Explanation:
Giving the following information:
Kay walks dogs for $7.50 each. Her total cost each day is $45—she spends $35 a day on gas driving to different neighborhoods, and her liability insurance and other fixed costs average out to $10 per day.
Kay walks five dogs a day.
Income= 7.5*5= $37.5
Total cost= 45
Loss= (7.5)
Because he is able to cover the variable cots, he should keep going in the short run. He must increase the number of walks to cover the fixed costs.
