Elaine'S marginal utility is equal to $2.25
Marginal utility is the added delight that a client receives from having one more unit of a great or provider. The concept of marginal application is utilized by economists to decide how much of an item consumers are inclined to buy.
Marginal utility is the greater benefit derived from consuming one extra unit of a specific properly or provider. the principle sorts of marginal utility encompass effective marginal utility, zero marginal application, and terrible marginal application. purchasers regularly enjoy higher marginal software while marginal fee is decrease.
expalnation
Assuming that the utility that she is achieving after consuming a good is equal to the value of the coffee.
= $1 +0.75 + 0.50
= $ 2.25
Hence, the marginal utility is $ 2.25.
Learn more about marginal utility here:- brainly.com/question/15050855
#SPJ4
Answer:
Wage Replacement Ratio = $53,000 / $100,000 = 53%
Explanation:
Total Mortgages = $1,500 x 12 = $18,000
Dollar Value Percentage
Salary $100,000 100%
Less: Self-Employment Taxes (11,000) (11%)
Less: Savings (18,000) (18%)
Less: Mortgage Payments (18,000) (18%)
$ 53,000 53%
Wage Replacement Ratio = $53,000 / $100,000 = 53%
The probability that the company will not lose money next quarter using both addition and complement rules is 0.8.
<h3>Calculation of a Probability Using Addition and Complement Rules</h3>
Let:
P(E) = The probability that the company will earn a profit next quarter = 50%, or 0.50
P(B) = The probability that the company will break even next quarter = 30%, or 0.30
P(L) = The probability the company will lose money next quarter = 20%, or 0.20
P(NL) = The probability the company will not lose money next quarter = ?
Therefore, we have:
a. The probability the company will not lose money next quarter using addition rule can be calculated as follows:
P(NL) = P(E) + P(B) = 0.5 + 0.3 = 0.8
b. The probability the company will not lose money next quarter using complement rule can be calculated as follows:
P(NL) = 1 – P(L) = 1 – 0.2 = 0.8
Learn more about the complement rule here: brainly.com/question/13655344.
The best description of the definition given above is Related diversification because it entails when a firm enters a different business in which it can benefit from leveraging core competencies, sharing activities, or building market power.
<h3>What is Related diversification?</h3>
Related diversification refer to a situation when a firm change into another new industry that is very similar with the firm's existing industry or industries
The benefit of related diversification is it allow the sharing of related resources and ensures profit of real diversification.
Therefore, Related diversification is when a firm enters a different business in which it can benefit from leveraging core competencies, sharing activities, or building market power.
Learn more on diversification from the link below.
brainly.com/question/417234
