Answer:
The correct answer is option E.
Explanation:
The utility can be defined as the enjoyment or satisfaction derived from the consumption of a good or service. The main motive of a rational consumer is utility maximization.
The sum of consumer and producer surplus is total or aggregate surplus.
The change in utility or satisfaction derived from the consumption of a commodity because of consuming an additional unit of good or service is referred to as a marginal utility.
The decrease in utility or satisfaction with the increase in consumption is called disutility.
The difference between the maximum price a consumer is willing to pay and the price he/she actually pays is called consumer surplus.
Answer: D. liable in strict liability based on a manufacturing defect theory.
Explanation: The company can be held liable based on manufacturing defect theory, if it is proved that it was because of a manufacturing defect on that particular toaster that lead to the dead of the boy.
Since the woman's son was electrocuted by the toaster for no apparent reason the company will be held liable for the dead of the boy.
Answer:
Do not twist or turn the body; instead, move your feet to turn. Your hips, shoulders, toes, and knees should stay facing the same direction. Keep the load as close to your body as possible with your elbows close to your sides. If you feel fatigued, set the load down and rest for a few minutes.
Explanation:
Answer:
c.) $1.73
Explanation:
Price =
D0= Last dividend paid
r= rate of return
g = growth rate
Price =
Price = 0.207 / 0.12
Price = 1.725
Therefore, the current value of the stock is $1.73
Answer:
The answer is B) $1.564 trillion
Explanation:
PV of annuity = P[(1-(1.06)^-25) /0.06)]
20 trillion = P[(1-(1.06)^-25) /0.06)]
20 trillion = 12.78P
P = <u>$1.564 trillion</u>