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Slav-nsk [51]
4 years ago
9

Suppose alice receives 200 utils from consuming one hamburger and 80 utils from consuming a second hamburger. what is the margin

al utility of the second hamburger?
Business
2 answers:
scZoUnD [109]4 years ago
8 0

Divide the difference in total utility over the difference in units

In this case, consuming one more hamburger added 80 utils, which is the marginal utility added.

Setler79 [48]4 years ago
8 0

Answer:

-120

Explanation:

Since the utility is decreasing our marginal utility will be negative.

Total Utility

1st hamburger = 200

2nd hamburger = 80

Marginal utility for 2nd hamburger = 80 - 200 = -120

Negative marginal utility

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What is utility in business and marketing
svp [43]

Answer:

Utility marketing is the concept whereby a brand intersects the consumer at the moment of a non-commercial need, addresses their need, becomes a part of their life, and remains with them for when they're ultimately ready to make a purchase.

3 0
3 years ago
The deadweight loss associated with output less than the competitive level can be determined by A. subtracting the consumer surp
SSSSS [86.1K]

Answer:

C. subtracting the competitive level producer surplus from the producer surplus associated with less output

Explanation:

A deadweight loss refers to a cost to society created as a result of market inefficiency. Market inefficiency occurs when supply and demand are out of equilibrium. It is also known as excess burden.

Deadweight loss is also created due to taxes as they prevent people from purchasing things that they would otherwise as the final price of the product increases.

The deadweight loss associated with output less than the competitive level can be determined by subtracting the competitive level producer surplus from the producer surplus associated with less output

7 0
3 years ago
Which of the following bonds would have the largest change in price (in percentage terms) for a given change in interest rates (
viva [34]

The bond that would have the largest change in price (in percentage terms) for a given change in interest rates (that is, in yield to maturity) is the bond with the lowest coupon rate and longest maturity, which would be Bond D: A $1000 par value bond with a 2% coupon rate (semi-annual payments) that matures in 30 years.

This is because the lower the coupon rate, the higher the sensitivity to changes in yield (the higher the duration). Longer maturities also increase the sensitivity to changes in yield.

Therefore, Bond D would have the largest change in price (in percentage terms) for a given change in interest rates.

To know more about bond here

brainly.com/question/28716228

#SPJ4

3 0
1 year ago
The human genome project, which got under way in 1990, is an international effort to ________.
beks73 [17]
Determine the sequence of the human DNA.

Hope this helps!
7 0
3 years ago
Cully Furniture buys two products for resale: big shelves (B) and medium shelves (M). Each big shelf costs $500 and requires 100
KATRIN_1 [288]

Answer:

$45,000

Explanation:

Cully's storage constraint is: 100B + 90M ≤ 18000

If Cully were to buy only big shelves, it could buy 180 of them (= 18,000 / 100)

If they were to buy only medium shelves, it could buy 200 (= 18,000 / 90)

Cully's money restraint is: 500B + 300M ≤ 75,000

If Cully were to buy only big shelves, it could buy 150 of them (= 75,000 / 500)

If they were to buy only medium shelves, it could buy 250 (= 75,000 / 300)

So Cully's order must be within 150 big shelves and 200 medium shelves.

If Cully purchases and sells 150 big shelves, it will earn $45,000 in profit.

If Cully purchases and sells 200 medium shelves, it will earn $30,000 in profit.

Since the profit for big shelves is $500, Cully should try to sell as many of them as possible. The maximum amount that they can buy is 150, which will result in a $45,000 profit.

8 0
3 years ago
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