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
Amiraneli [1.4K]
3 years ago
10

John likes Coca-Cola. After consuming one Coke, John has a total utility of 10 utils. After two Cokes, he has a total utility of

25 utils. After three Cokes, he has a total utility of 50 utils.Does John show diminishing marginal utility for Coke, or does he show increasing marginal utility for Coke?
Business
1 answer:
gulaghasi [49]3 years ago
8 0

Answer:

No, he doesn't show diminishing marginal utility. Yes, he shows increasing marginal utility for Coke.

Explanation:

The law of diminishing returns states that the marginal or addition satisfaction or utility derived from the consumption of a product increase until a pint and then starts to  decrease.

Units         Total utility       Marginal utility

1                    10                          10        

2                   25                         15                    

3                   50                         25

After 3 bottles, John does not show diminishing marginal utility as the marginal utility (as shown above) continues to increase with each additional bottle of coke consumed.              

You might be interested in
On June​ 30, Coral, Inc. finished Job 750 with total job costs of $ 4 comma 500​, and transferred the costs to Finished Goods In
kherson [118]

Answer:

B. debit Cost of Goods Sold $ 4,500 and credit Finished Goods Inventory $ 4,500

Explanation:

The cost of goods sold will be 4,500 cost of the job 750

We are going to debit the cost of good sold for the amount it cost to make job 750

and credit the finished goods inventory as the amount of goods available for sale decreases.

When we sale we deliver an asset of ours (finished goods) thus, we have to make it decrease.

4 0
3 years ago
What are the advantages of electronic communication
fiasKO [112]

Answer:

IT HEPLS TO SOLVE ECONOMIC PROBLEMS ABOUT TRADITIONAL SUPERSTATION

5 0
3 years ago
Read 2 more answers
Google: How to be successful?
scZoUnD [109]
Learn from your mistakes
5 0
2 years ago
The local baseball team owner hires you to help maximize the team's profits. You are told that costs are constant because enough
ozzi

Answer:

increase price per ticket.

Explanation:

increase price per ticket in proportion to cost incurred.

set up an internal control system to ensure all revenue from ticket are well accounted for.

3 0
3 years ago
In the context of analyzing the health, activities, and performance of a business, which of the following is a nonfinancial meth
Solnce55 [7]

3. Short surveys

Explanation:

Financial statement analysis is the method of analyzing the economic structure and reviewing the future of a business to earn income.

Types of Financial statement analysis are as follows:

  • Fundamental analysis
  • Horizontal analysis
  • Vertical analysis
  • Ratio analysis
  • DuPont analysis
  • Dividend discount model

The 3rd option is given as Short surveys which is a non-financial method of analysis.

5 0
3 years ago
Other questions:
  • Which assessments uses computer adaptive technology to provide answers
    10·1 answer
  • Tam is an office manager in charge of ordering and managing the use of office supplies. Lately, the office has been going throug
    7·1 answer
  • Llona invested $100,000 in an 18-month certificate of deposit. She needed to cash in the CD to meet some unexpected expenses. Ll
    7·1 answer
  • In the context of stragetic planning the streagtic goals of an orgainzation represent concrete benchmarks that managers can use
    11·1 answer
  • The construction industry uses which of the pricing methods
    5·1 answer
  • Waterhouse Company plans to issue bonds with a face value of $503,500 and a coupon rate of 8 percent. The bonds will mature in 1
    11·1 answer
  • What is the present value of a constant perpetuity of 25 per year where the required rate of return is 5%
    8·1 answer
  • The balance in retained earnings at December 31, 2020 was $1440000 and at December 31, 2021 was $1168000. Net income for 2021 wa
    11·1 answer
  • When a manager makes scheduling decisions, he or she is making __________,
    15·1 answer
  • Amounts collected by the lender and held in a trust or impound account for future payment are called what?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!