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
Elan Coil [88]
3 years ago
14

The law of diminishing marginal utility

Business
1 answer:
Verizon [17]3 years ago
8 0

Answer:

The correct answer is option 2.

Explanation:

The law of diminishing marginal utility states that keeping other things constant, as more and more units of a commodity are consumed, it will lead to a decrease in the marginal utility derived from the consumption of each additional unit.  

In other words, if a consumer goes on consuming more and more of a commodity, the additional satisfaction derived from the consumption of each unit will decrease.  

The total utility will be maximized when the marginal utility from the consumption becomes zero.

You might be interested in
What did the Supreme Court rule in Burwell v. Hobby Lobby with regard to the Affordable Care Act's requirement that family-owned
Delicious77 [7]

The thing which the Supreme Court ruled in <em>Burwell v. Hobby Lobby </em>with regard to the Affordable Care Act's requirement was:

  • Birth control could be denied

<h3>What is a Court Ruling?</h3>

This refers to the general decision which a competent law court has taken after deliberations of the evidence, witnesses and other available information of a case to the best determination of the judge.

With this in mind, we can see that from the Burwell v. Hobby Lobby case, there was a ruling against birth control access which meant that birth control could be denied to employees and this was with regard to the Affordable Care Act's requirement.

Read more about court rulings here:
brainly.com/question/17040608

3 0
2 years ago
Suppose that the reserve requirement is 10% and that the Federal Reserve purchases $5 billion in bonds from a brokerage firm.Ini
Lyrx [107]

jdvduskaoekejrhdusismrjrisksmejejeka,wmehr

6 0
3 years ago
Read 2 more answers
(Disregard income taxes in this problem.) Compute the following:a.An investment of $10,000 has an investment/inflow ratio of 6.2
aleksandrvk [35]

Answer:

Explanation:

a) Investment/flow ratio =10000/annual cash flow=6.2

So, the annual cash flow is 10000/6.2=1613

b) Investment/flow ratio =investment/2000=6.14

So, the investment is 2000*6.14=12280

4 0
3 years ago
In 2010, some bottles of a competitor’s kombucha were bubbling and leaking at a whole foods in texas. Test results revealed that
Nitella [24]

After losing all of this distribution, one option for it might have been a form of nonstore retailing that uses machines to offer goods for sale. This is an example of automatic vending.

Right here are the styles of retailing that exist these days – save retailing: This includes different forms of retail stores like branch shops, specialty shops, supermarkets, comfort shops, catalog showrooms, drug shops, superstores, discount stores, excessive cost stores, and so forth.

The retailing concept is an idea that examines the evolution of and transformation of the retail lifestyles cycle. This concept was first introduced by using Professor McNair from Harvard College. The retailing idea indicates new retailers will generally begin with low-value and occasional-margin operations.

Retail is the sale of products and services to purchasers, in comparison to wholesaling, that is sales to business or institutional clients. A store purchases goods in massive quantities from manufacturers, without delay or via a wholesaler, after which sells in smaller quantities to purchasers for a profit.

Learn more about retailing here brainly.com/question/17613245

#SPJ4

7 0
1 year ago
g A joint product is: Select one: a. Any product which consists of several parts. b. Any product produced by a company with more
mr_godi [17]

Answer:

The correct answer is letter "D": One of several products produced from a common input.

Explanation:

Joint products are those manufactured by large companies whose production process is the same at an early stage for all the different products being produced, but at a certain stage, called a split-off, the products begin to have their own characteristics.

Since the products initially come from the same input, the costs are allocated in the bundle. After the split-off, the cost of production is allocated to each type of product.

8 0
3 years ago
Other questions:
  • An effective marketing objective:
    11·1 answer
  • The area of accounting that provides managers inside the organization with information they need to make decisions is called:
    8·1 answer
  • Southern Foods just paid an annual dividend of $2.10 a share. Management estimates the dividend will increase by 11 percent a ye
    12·1 answer
  • Edison Leasing leased high-tech electronic equipment to Manufacturers Southern on January 1, 2018. Edison purchased the equipmen
    8·1 answer
  • Packrall Company makes computer chips. Curtis is manager of the company's maintenance department. Because his maintenance techni
    10·1 answer
  • Atburex is a furniture manufacturing company in the United States. The company provides a 60-day credit period and also offers o
    15·1 answer
  • The efficient market hypothesis rests on which of the following assumptions?I. Information is widely available to all investors
    8·1 answer
  • A company purchased equipment valued at $66000. It traded in old equipment for a $9000 trade in allowance. The old equipment cos
    5·1 answer
  • Teams occur when a number of people have --------------- and recognise that their personal success is dependent on the success o
    5·1 answer
  • Who want to be my bff
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!