Answer:
C
Explanation: I think its C cause it just makes sense lol
Answer:
D) Marginal utility of the last unit of each product consumed is the same.
Explanation:
To maximize utility with a given income constraint, a consumer must chose products to maximize utility. This can be done so that each extra dollar, which is the marginal income, spent on each of these products yields the equal marginal utility. For example if one product yields more marginal utility per marginal dollar spent, the consumer should reallocate their income so they consume more of this product and less of others, so much so that the utility derived from this product equals utility derived from other products.
Utility is maximized when these marginal utilities per marginal dollar spent coincide.
Hope that helps.
The key advantage of risk management for those involved is that it makes it possible for the project to run smoothly. The possibility of achieving desired results is raised, decision-making is facilitated, and responsibility is distributed to risk owners.
Greater emphasis on regulatory outcomes, resources, and actions across the entire organization. Greater adaptability to changing circumstances increased transparency through accountability and transparent results.
Risk stakeholders are the individuals who are (or believe they are) impacted by a choice, course of action, tactic, or procedure. A stakeholder may change at any point during the process and might be an individual, an organization, or a grouping within an organization, such as the management.
The two major benefits that arise from the market system's restriction of business risk to owners and investors are Risk Management
To learn more on risk management
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Answer: See attachment
Explanation:
A bank reconciliation statement is a statement that simply shows the summary of both the banking and business activity which are used in reconciling and balancing the bank account of a company or organization with the company's financial records.
The bank reconciliation statement shows the deposits, the withdrawals and also does every other things that impacts the bank account of the company for a particular period.
Answer: increase, 10% , 12%
Explanation:
If Valley accepts the project, its return on investment (ROI) after the purchase is projected to <u>increase</u> (increase/decrease) from the current level of <u>10%</u> to the new return on investment (ROI) of <u>12%</u>
Net income = $40000
Average operating assets = $400000
Return on investment = 40000/400000 = 0.1 = 10%
New equipment will result to the cost savings of $20000. when expenses decrease by $20000 net income will increase by $20000. the new net income is $40000 plus $20000 = $60000
New net income = $60000
New Operating Assets = $400000 + $100000 = $500000
New Return on investment = 60000/500000 = 0.12 = 12%
