1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
goldfiish [28.3K]
3 years ago
15

The first Pepsi yields Craig 18 units of utility and the second yields him an additional 12 units of utility. His total utility

from three Pepsis is 38 units of utility. The marginal utility of the third Pepsi is:__________
A) 26 units of utility.
B) 6 units of utility.
C) 8 units of utility.
D) 38 units of utility.
Business
1 answer:
Ilia_Sergeevich [38]3 years ago
5 0
<h3>Answer:</h3>

C) 8 units of utility.

<h3>Explanation:</h3>
  • Marginal utility refers to the change in the total utility that is achieved from the consumption of one more unit of good.
  • It is calculated by getting the change in total utility and dividing it by the change in the number of units consumed.

In this case;

First yields = 18 units

Second yields = 18 + 12 units = 30 Units

Third yields =  38 units

Therefore;

Marginal unit = 38 units - 30 units

                      = 8 units

Therefore, marginal utility is 8 units of utility.

You might be interested in
Dr. Beswick enjoys teaching college courses. He likes the salary he receives as well as the ability to travel in summers. Howeve
OleMash [197]

Option D

This would imply that he is working for: Total rewards

<h3><u>Explanation:</u></h3>

Total Reward is an idea that explains all the means possible to an employer that may be practiced to pull, stimulate and engage employees. To a worker or candidate exploring new employment, the concept of total rewards combines recognized value as a consequence of the employment relationship.

The approach consolidates compensation and advantages with personal growth possibilities inside a motivated business environment. An employee’s Total Rewards privileges case typically holds components of wages or compensation, profits, work-life versatility, achievement, appreciation, and extension and development.

3 0
3 years ago
You are considering purchasing stock in Canyon Echo. You feel the company will increase its dividend at 4.6 percent indefinitely
MAXImum [283]

price per share of the company's stock is $53.28

Explanation:

Under dividend growth model a stock is overvalued or undervalued assuming that the firm’s expected dividends grow at a value g forever, which is subtracted from the required rate of return or k.

Therefore, the stable dividend growth model formula calculates the fair value of the stock as P =D1 / ( k – g ).

P= price per share

D1 = current dividend

k = required return

g = growth rate

P= $3.41 ÷ (11 %  - 4.6% ) =( 3.41 ÷ 0.064 )=  $53.28

P= $3.41 ÷ (0.11  - 0.046 ) =( 3.41 ÷ 0.064 )=  $53.28

6 0
3 years ago
Help, can someone tell me if this memo is ineffective or effective?<br>(This is an example)
charle [14.2K]

Answer: It is ineffective

Explanation:. Because it has no meaning its just someones opinion its not really anything that involves inportant stuff hope this helps :)

7 0
3 years ago
If you work for yourself, you never have to worry about business ethics
ASHA 777 [7]
False. You should worry MORE about business ethics when you work for yourself to ensure for a better business and avoid getting sued
5 0
3 years ago
Journalize the following transactions for Roberts Company. Assume a perpetual inventory system. Also, assume a constant gross pr
astraxan [27]

Answer:

Aug 6.   Dr cash          $14,000

             Cr Sales                          $14,000

Aug,6   Dr Cost of goods sold      $8,400

            Cr Merchandise inventory              $8,400

August 12  

                 Dr Sales returns      $1,560

                  Cr Cash                               $1,560

August 12

              Dr Merchandise inventory  $936

              Cr Cost of goods sold                     $936

Explanation:

In the first place,the goods sold for cash of $14,000 means that cash account is debited and sales is credited with $14,000

However,with respect to cost of goods sold,there would a debit of $8,400 and credit of the same amount  to merchandise inventory.

The goods returned returned would necessitate debit of sales return with $1,560 and credit to cash of the same amount.

The cost of goods returned  is $936  ($1,560*$8400/$14,000) should debited to merchandise inventory and a credit to costs of good sold

3 0
3 years ago
Other questions:
  • Product deletion can best be described as the process of deleting a product from the product mix when it a. no longer responds t
    7·1 answer
  • Suppose that for a particular firm the only variable input into the production process is labor and that output equals zero when
    8·1 answer
  • Anna is 88 years old and under the legal guardianship of her daughter. One day Anna receives a telephone call from a health insu
    9·1 answer
  • You are considering acquiring a common share of Sahali Shopping Center Corporation that you would like to hold for 1 year. You e
    11·1 answer
  • Transactional leaders try to get people to do ordinary things while _________ leaders attemps to get people to do exceptional th
    15·1 answer
  • In facility location decision making matching the educational and skill levels of the labor pool to a company's needs is even mo
    15·1 answer
  • The Federal Reserve purchases ​$8 million in U.S. Treasury bonds from a bond​ dealer, and the​ dealer's bank credits the​ dealer
    10·1 answer
  • A wheat farmer sells wheat in a perfectly competitive market and hires labor in a perfectly competitive market. The market price
    13·1 answer
  • Definition of economic costs
    11·1 answer
  • If a company's free cash flows are expected to grow at a constant rate of 5% a year, which of the following statements is CORREC
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!