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mart [117]
3 years ago
14

What role does utility loading... play in the economic model of consumer​ behavior? when modeling consumer​ behavior, utility?

Business
1 answer:
xenn [34]3 years ago
4 0
Reflects the satisfaction a consumer receives from consuming a particular set of goods and services
You might be interested in
g On January 1, 2021, Sealed Air had 100,000 shares of common stock outstanding. The following transactions occurred during 2021
leonid [27]

Answer:

$3.10

Explanation:

Outstanding on Jan 1 = 100,000*12/12 = 100,000

Less: Treasury Stock 3,900*10/12 = (3,250)

Add: Sold Treasury Shares 3,900*3/12 = 975

Add: New Shares Sold 12,900*1/12 = 1075

Weighted Average of Equity Shares = 100,000 - 3,250 + 975 + 1,075

Weighted Average of Equity Shares = 98,800

Basic Earnings per Share = Net Income/Weighted Average of Equity Shares outstanding

Basic Earnings per Share = $306,750/98,800 shares

Basic Earnings per Share = $3.10475709

Basic Earnings per Share = $3.10

So, Sealed Air's basic earnings per share for the year ended December 31, 2021 is $3.10.

4 0
3 years ago
Long-Life Insurance has developed a linear model that it uses to determine the amount of term life insurance a family of four sh
jolli1 [7]

Answer:

y=160.9

Explanation:

<u>Linear Modeling</u>

Models are an important part of the study of a variety of natural phenomena in a great number of fields like science, health, business, human behavior, economics, among many others.

Once a model is determined, it can be used to estimate future values of important variables which in turn can help people to make decisions.

It has been determined a model that relates the amount of term life insurance a family of four should have with the current age of the head of the household. That model is

y=165-0.1x

we are required to estimate the amount of term life insurance to recommend to a family of four when the head of the household is x=41 years old. Let's plug in the given value in the equation

y=165-0.1\cdot 41=165-4.1=160.9

\boxed{y=160.9}

7 0
3 years ago
The rate of inventions PRIOR to the Restoration of the Gospel was greater than the rate of inventions AFTER the Restoration.. Tr
xz_007 [3.2K]

Answer: FALSE

Explanation: Innovations is the term used to refer to the invention or creation of new things,new ideas,new ways to solving the problems of man or to understand things or issues.

The rate of Innovation after the restoration of the Gospel is more and better now when compared to the days prior to the restoration of the Gospel. People now understand the Gospels with better knowledge,the interpretation is good and correct now.

6 0
3 years ago
Most people in the United States were not expecting the stock market to crash.
aleksley [76]

True.  They took a gamble at the stocks and many borrowed money that could not returned as a result, the market crashed and that led to the Great Depression where many Americans began to struggle as jobs were cut and business were closed.

7 0
3 years ago
On December 31, 2017, Coolwear, Inc. had a balance in its prepaid insurance account of $48,400. During 2018, $86,000 was paid fo
Liula [17]

Answer:

$92,400

Explanation:

Coolwear incorporation has a balance in its prepaid insurance account of $48,400

In 2018, $86,000 was paid for insurance

At the end of 2018, the balance was $42,000 after adjusting entries were recorded

Therefore the insurance expense for 2018 can be calculated as follows

= $48,400 + $86,000-$42,000

= $134,400-$42,000

= $92,400

Hence the insurance expense for 2018 is $92,400

4 0
3 years ago
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