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
Suppose that there are only two firms in the automobile industry in a particular country. Which term describes the country's aut
stiv31 [10]

Answer:

Duopoly ( B )

Explanation:

The term that describes a country's market whereby there are only two firms in any industry is ; Duopoly  

A Duopoly economy is a type of economy whereby the entirety of an Economy is solely controlled/owned by a not more than two industries/companies, this type of economy can be said to be a form of Oligopoly in its simplest form. while a monopolistic competition involves just one company or industry controlling the economy

7 0
3 years ago
You are the project manager for the Late Night Smooth Jazz Club chain, with stores in 12 states. Smooth Jazz is considering open
scoundrel [369]

Answer:

Project Kansas City

Explanation:

Payback period: It reflects the period at which the investor recovered their invested money. It always shows in years.  

IRR: It refers to the internal rate of return. It shows an interest rate at which the Net present value is zero or the initial investment and the present value of all years cash flow would be equal

In the question, it is mentioned that Project Kansas city has a payback period of 27 months and IRR is 6% whereas the project Spokane has a payback period of 25 months and IRR is 5%.

So if we compare both the projects based on IRR, the project Kansas city has higher IRR which means it produces a higher return in the near future.

3 0
3 years ago
long-term assets are the focus of a. cash budgeting. b. investment planning. c. capital budgeting. d. corporate planning.
jeyben [28]

Long-term assets are the focus of corporate planning.

The process by which corporations develop strategies for accomplishing goals and meeting goals is known as corporate planning. It entails the definition of the strategy, the direction of the strategy, decision-making, and resource allocation. A corporate plan is similar to a strategic plan, but the difference is that a corporate plan directs a more complex company with multiple business units or subsidiaries. "Corporate planning includes the setting of objectives, organizing the work, people, and systems to enable those objectives to be achieved, motivating through the planning process and through the plans, measuring performance and so controlling progress of the plans, and developing people through better decision-making. It explains the direction the business as a whole is going and provides a road map to get there.

Learn more about planning from

brainly.com/question/24864915

#SPJ4

6 0
1 year ago
on june 19, a u.s. company sold and delivered merchandise on a 30-day account to a german corporation for 190,000 euros. on july
Lesechka [4]

On June 19 the accounts receivable should be recorded at the spot rate: $228,190 ($190,000 Euros * $1.201), which is the rate at which the Euro and the US Dollar were being exchanged at the time.

Many US-based enterprises sell goods to companies abroad. Depending on the discussions and the circumstances surrounding the sale, these sales may be made in US dollars or in another currency. If the sale is made in a foreign currency, the US-based company will be responsible for any fluctuations in the exchange rate from the time the sale and receivable are recorded until the time the foreign currency is paid for the related foreign currency-related receivable.

The accounts receivable should be recorded (converted from Euros to US Dollars) at the spot rate on June 19: 190,000 Euros * $1.201, which is the exchange rate at that time between the Euro and the US Dollar, equals $228,190.

To learn more about Accounts Receivables, refer to this link:

brainly.com/question/14032135

#SPJ4

8 0
1 year ago
Cash receipts for January are expected to total $171,000. Cash disbursements for January are expected to be $158,000. The compan
Monica [59]

Answer:

Expected cash balance = $48000

Explanation:

Given

Cash receipts = 171000

Cash disbursements = 158000

Starting period = 35000

Minimum desired cash balance = 10000

From the above,

Cash available = Cash receipts + starting period

= 171000 + 35000

= 206000

Therefore,

Cash balance at the month end

= Cash available - Cash disbursements (payments)

= 206000 - 158000

= $48000

7 0
3 years ago
Other questions:
  • Why do you place a system under a load when you are testing for errors?
    10·1 answer
  • Three separate oligopolists in the same industry serve a city. company a is the dominant firm in the industry and produces a lar
    7·1 answer
  • A merchandising company's budget includes the following data for January: Sales: $400,000; COGS: $270,000; Administrative salari
    6·1 answer
  • Karen and Ethan execute the same roles and responsibilities at their organization. However, Ethan earns more than Karen. Under t
    15·1 answer
  • The ColorfulFurniture Company manufactures modern wood frame lounge sofas. Currently the company makes only one size of three-se
    13·1 answer
  • The price of a European call that expires in six months and has a strike price of $30 is $2. The underlying stock price is $29,
    8·1 answer
  • The last dividend paid by Wilden Corporation was $1.55. The dividend growth rate is expected to be constant at 1.5% for 2 years,
    12·1 answer
  • An artist buys scrap metal from a local steel mill as a raw material for her sculptures. Last​ year, she purchased $7,000 worth
    7·1 answer
  • During a period of high inflation, whDuring a period of high inflation, what government actions can preserve the value of money?
    11·1 answer
  • The monetary policy tool whereby the Federal Reserve buys and sells government bonds is called: the discount rate. open-market o
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!