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kotykmax [81]
3 years ago
5

To calculate the marginal utility of consuming the Nth product: a. divide total satisfaction from consuming all N products by N.

b. subtract additional satisfaction from consuming the (N – 1)th production from the additional satisfaction from consuming the Nth product. c. subtract total satisfaction from consuming N – 1 products from total satisfaction from consuming N products. d. divide total satisfaction from consuming all N products by the price of the product.
Business
1 answer:
Virty [35]3 years ago
4 0

Answer:

c. Subtract total satisfaction from consuming N - 1 (first) products from total satisfaction from consuming N products

Explanation:

By definition, marginal utility of consuming one more unit of product or service is the additional satisfaction of consuming that unit of product or service.

That additional satisfaction from (consuming) the Nth products = total satisfaction from (consuming) all N products - satisfaction from consuming (first) N - 1 products

(first) should be added, because you are finding the satisfaction from the last consumed product.

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3 years ago
Suppose that the risk-free rate is 5% and that the market risk premium is 7%. What is the required return on (1) the market, (2)
Nesterboy [21]

Answer:

1.

r market = 0.12 or 12%

2.

r stock = 0.12 or 12%

3.

r Stock = 0.169 or 16.9%

Explanation:

The required rate of return can be calculated using the CAPM or Capital asset pricing model equation. The formula for required rate of return under this model is,

r = rRF + Beta * rpM

Where,

  • rRF is the risk free rate
  • rpM is the risk premium on market
  • r represents the required rate of return

1.

The beta of the market is always considered to be 1. Thus, the required rate of return on market would be,

r market = 0.05 + 1 * 0.07

r market = 0.12 or 12%

2.

For a stock whose beta is 1.0, the required rate of return would be same as that for market. So, the required rate of return for a stock with a beta of 1.0 is,

r Stock = 0.05 + 1 * 0.07

r Stock = 0.12 or 12%

3.

The required rate of return for a stock with a beta of 1.7 is,

r Stock = 0.05 + 1.7 * 0.07

r Stock = 0.169 or 16.9%

3 0
3 years ago
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Answer:

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Explanation:

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<u>It must be written like any address but can be seen as different from the registered address of the company.</u>

This is the address used for contact by all clients and other business.

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Answer:

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