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lana66690 [7]
3 years ago
7

Marginal utility is defined as the A. change in total utility a person derives from the consumption of a good divided by the cha

nge in the quantity of the good consumed B. change in total utility a person derives from the consumption of a good divided by the price of that good C. change in total utility a person derives from the consumption of a good divided by the value in use of that good D. change in marginal utility a person derives from the consumption of a good E. sum of the amounts of satisfaction a person receives from consuming a good Reset Selection
Business
1 answer:
KengaRu [80]3 years ago
7 0

Answer:

The correct answer is letter "A": change in total utility a person derives from the consumption of a good divided by the change in the quantity of the good consumed.

Explanation:

Marginal Utility refers to the additional benefit or satisfaction obtained by consuming another unit of a good or service. Something has utility in economics if it meets certain user desires or needs, whether for use or pleasure. It varies from point of view to point of view.

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Bob Knox is paid on a piece-rate basis. He is paid 30 cents for each unit he produces. For overtime work, he receives in additio
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Answer:

Bob Knox will be paid $598.5 for 45 hours worked.

Carson Morris will be paid gross pay $903.1 for 50 hours worked.

Explanation:

Bob Knox is paid on piece-rate basis, which means he will be paid based on the units he produced. To calculate his pay

1,890 units × $0.3 = $567

$567 ÷ 45 hours worked = $12.6 per hour

To calculate his overtime pay we multiply by 0.5 because he is paid one half of regular pay as overtime.

$12.6 per hour × 0.5 = $6.3 per hour

$6.3 per hour × 5 hours overtime = $31.5

$31.5 + $567 = $598.5.

Carson Morris is paid average rate basis for overtime. His pay will be calculated as follows,

( 36 hours × $16.00 per hour) + (14 hours × $17.50 per hour ) = $821 for (36 + 14) 50 hours.

$821 ÷ 50 hours = $16.42 per hour

$16.42 × 0.5 = $8.21 per hour

$8.21 per hour × 10 hours overtime = $82.10

=$82.1 + $821 = $903.1

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4 years ago
Typically, in the context of developing effective business messages, the priorities of the targeted audience
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A marketing expert described a _____ as looking like a butterfly. the manufacturer is the body of the butterfly with many differ
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Supply chain hope that helps
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Explanation:

The IRS is a bureau of the Department of the Treasury and one of the world's most efficient tax administrators. In fiscal year 2020, the IRS collected almost $3.5 trillion in revenue and processed more than 240 million tax returns

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<em>A. Associate's degree program </em>

<em></em>

<u>Explanation:</u>

An associate degree is the main level of post-optional instruction that secondary school graduates can seek after at non-professional organizations of higher learning. Ordinary partner projects take two years to finish; therefore, adaptable online plans can be intended to assist you with graduating in as meager as the year and a half.

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