The satisfaction received from using one more unit of a good or service is called

1 answer:

6 0

The satisfaction received from using one more unit of a good or service is called "marginal benefit ". Marginal benefit alludes to what individuals will surrender keeping in mind the end goal to get one more unit of a goods or services, while marginal cost alludes to the estimation of what is surrendered so as to deliver that extra unit. Extra units of a good ought to be created as long as minimal advantage is more than marginal cost.

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As of December 31, 2015, Juneau Company had total cash of $155,000, notes payable of $85,600, and common stock of $52,400. Durin

Illusion [34]

Answer:

ending RE 30,000

Explanation:

Using the acounting equation we solve for the beginning RE

Assets = liab + equity

155,000 = 85,600 + 52,400 + Retained Earnings

155,000 - 85,600 - 52,400 = 17,000

beginning RE 17,000

net income

revenues 36,000 - 20,000 expenses = 16,000

dividends: 3,000

ending RE: 17,000 + 16,000 - 3,000 = 30,000

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3 years ago

The condition of fully flexible wages and prices was assumed by

nignag [31]

The answer to this question is B) the classical economists.
Classical economist based their assumptions on the view that market will always find a way to regulate itself without any external intervention.
In reality, many private establishments often exert their power to control a specific resource in the market in order to rake in more profit (such as what monopolist do)

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3 years ago

The limited liability of a stockholder in a closely-held corporation may be challenged successfully if the stockholdera. Underca

lina2011 [118]

Answer:

The correct Option is A

Explanation:

When the limited liability of the stockholder and it is a closely held corporation which might be challenged successfully if the stockholder, undercapitalized the corporation which means that the corporation does not have enough capital to pay creditors and conduct normal operations of the business and it will be done when it is established or formed.

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Economists define "programmed spending behavior" as being spending that is frequent and is done with relatively little thought.

Alexandra [31]

Answer: D) buying coffee in the morning

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4 years ago

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Which function(s) of money informs the consumer what currency to use to obtain a good or service?

inna [77]

The third function explains that money is a medium of exchange. It means that it is better to use the money used in the country itself to gain better service because it would provide better protection. Costumers would be more satisfied if the business would accept the money they have and it would be safer and mutually good for both if the customer would transact using the currency country's currency.

Source: https://www.stlouisfed.org/education/economic-lowdown-podcast-series/episode-9-functions-of-money

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4 years ago

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