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
Novosadov [1.4K]
3 years ago
11

The term ___________________ is used to describe the common pattern whereby each marginal unit of a consumed good provides less

of an addition to utility than the previous unit.
Business
1 answer:
Phantasy [73]3 years ago
3 0

Answer:

diminishing marginal utility.

Explanation:

The term diminishing marginal utility is used to describe the common pattern whereby each marginal unit of a consumed good provides less of an addition to utility than the previous unit.

In Economics, The law of diminishing marginal utility states that as the unit of a good or service consumed by an individual increases, the additional satisfaction he or she derives from consuming additional units would start decreasing or diminishing as the units of good or service consumed increases.

<em>For example, buying a chocolate bar and eating it may satisfy your cravings but eating another one wouldn't give you as much satisfaction as the first due to diminishing marginal utility. </em>

You might be interested in
The Z−90 project being considered by Steppingstone Incorporated (SI) has an up-front cost of $250,000. The project's subsequent
LekaFEV [45]

Answer:

The right solution is Option a (-$6,678).

Explanation:

Given that:

Up-front cost,

= $250,000

Expected cash flows,

= $110,000

Assuming cost of capital,

= 12%

Now,

The expected net present value will be:

= 250000+0.5\times (110000+25000)\times \frac{1}{12 \ percent}\times (1-\frac{1}{1.12^5} )

= 250000+0.5\times (135000)\times \frac{1}{12 \ percent}\times (1-\frac{1}{1.12^5} )

= -6,678 ($)

5 0
3 years ago
The type of scarcity in the cartoon?​
o-na [289]
Economic cartoons is your answer
8 0
3 years ago
Identify the role the government regulation serve in business.
castortr0y [4]
<span>The U.S. government has set many business regulations in place to protect employees' rights, protect the environment and hold corporations accountable for the amount of power they have in this business-driven society.</span>
8 0
3 years ago
Coghlan Auto Supply docs not segregate sales and sales taxes at the time of sale. The register total for March 16 is $16, 380. A
emmainna [20.7K]

Answer

Sales tax Payable = $780

Entry to record transaction is:

Dr: Cash $16,380

Cr: Sales Tax Payale $ 780

Cr: Sales $ 15,600

Explanation:

Coghlan Auto Supply sales are inclusive of tax so at first step it is necessary to segregate sales tax from the total sales of $16,380.

In order to calculate sales tax in Coghlan total sale divide the total sales figure with 1+the sales tax rate i.e (1+5%=1.05)

So the sales exclusive of  tax will be:  $ 16,380/1.05 =  $15,600

Tax can be calculated now by subtracting Net sales by gross sales i.e $16,380-$15,600 = $780.

7 0
3 years ago
4800 ounces of salt, 9600 ounces of flour, and 2000 ounces of herbs. A bag of mild herb chips needs 2 ounces of salt, 6 ounces o
Zepler [3.9K]

Answer:

2A + 3B  ≤ 4800

Explanation:

Given:

Let A is mild herb chip

Let B is Spicy herb chip

  • A bag of mild herb chips needs 2 ounces of salt
  • A bag of Spicy herb chips requires 3 ounces of salt

So the total ounces of salt need to use for A and B is:

2A + 3B

and we only have 4800 ounces of salt, so the constraint for salt is:

2A + 3B  ≤ 4800

6 0
3 years ago
Read 2 more answers
Other questions:
  • You’ve observed the following returns on Crash-n-Burn Computer’s stock over the past five years: 8 percent, −15 percent, 19 perc
    6·1 answer
  • If sales are $904,000 in 2019 and this represents a 13% increase over sales in 2018, what were sales in 2018?
    6·2 answers
  • As of December 31, 2019, Armani Company’s financial records show the following items and amounts.
    11·1 answer
  • A patient needs 0.024g of sulfa drug. There are 8 mg tablets in stock. How many tablets should be given?
    10·1 answer
  • When developing and maintaining good stakeholders relationships companies find that
    5·1 answer
  • The government sets the price of subsidized corn too low. Which of the following statements describes the result?
    11·2 answers
  • Art's Market barrows $25,000 for three years at 8 percent. Payments are quarterly. Which of these inputs correctly computes the
    6·1 answer
  • Santos International is a beauty salon in Texas. The salon is conveniently located in mid-town, and there is plenty of parking.
    15·1 answer
  • Directions and Analysis Task 1: Defining Entrepreneurship Before deciding on a business. you determine that you need to know mor
    12·1 answer
  • in which model of team development is the ""midpoint"" of the team’s project considered most important?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!