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Temka [501]
3 years ago
11

A util is an artificial construct used as a means of measuring the A. costs of producing a good B. price of a good C. satisfacti

on one receives from the consumption of a good D. difference between the price and the value of a good
Business
1 answer:
Setler79 [48]3 years ago
3 0

Answer:

C. satisfaction one receives from the consumption of a good.

Explanation:

A util is a hypothetical measure of the satisfaction a consumer gets from consuming a product. It is used when discussing concepts such as total utility, marginal utility, and the law of diminishing returns.

The law of diminishing returns analyses utility, and states that with additional consumption of a product the marginal utility a customer derives starts to reduce.

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The interest rate does not affect the intertemporal budget constraint.<br> a. True<br> b. False
Kruka [31]

Answer:

False

Explanation:

The correct answer is false because the interest rate does affect the intertemporal budget constraint.

A higher interest rate, will cause the budget line to pivot upwards while a lower rate will make the budget line to pivot downward.

The intertemporal budget constraint can used to show a decision on how to save. It refers to the constraint which an individual encounters when making choices for the present and for the future. It reflects a consumer's decision on the amount to consume in the present and the amount to save in the future.

6 0
3 years ago
Bramble Inc. issues 500 shares of $10 par value common stock and 100 shares of $100 par value preferred stock for a lump sum of
Ket [755]

Answer:

(A)

cash               110,000  debit

      common stock              5,000 credit

      additional paid-in CS   81,086 credit

      preferred stock            10,000 credit

      additional paid-in PS   13, 914 credit

(B)

cash               110,000  debit

      common stock               5,000 credit

      additional paid-in CS   90,000 credit

      preferred stock             10,000 credit

      additional paid-in PS      5,000 credit

Explanation:

Market Value

500 x 180 = 90,000  0,7826 CS

100 x 225 = 25,000  0, 2174 Preferred

total             115,000

Issuance:    110,000

Preferred: 21.74% of 110,000 = 23,914

face value:            100 x100     10,000

additional paid-in                     13,914

Common: 78.26% of 110,000 = 86,086

face value:          500 x 10      =   5,000

additional paid-in                        81,086

If we can only determinate the common stock:

total issuance - common stock = preferred stock

110,000 - 190 x 500 = 110,000 -  95,000 = 15,000 preferred stock

additional paid-in CS: 110,000 - 5,000 = 105,000

additional paid-in PS: 15,000 - 10,000 = 5,000

5 0
3 years ago
Unland Company uses a periodic inventory system. Details for the inventory account for the month of January 2017 are as follows:
Wewaii [24]

Answer:

Ending inventory= $1706

Explanation:

Giving the following information:

Units Per unit price Total

1/1/2017: 290 *$5.00=  $1450

1/15/2017: Purchase,  140*$5.10= $714

1/28/2017: Purchase,  140*$5.30= $742

At the end of the month (1/31/2017) inventory showed that 230 units. If the company uses LIFO (last-in, first-out)

Ending inventory= 140*5.30+140*5.10+50*5= $1706

6 0
3 years ago
To improve its standard of living, a nation’s economy must _____.
Veronika [31]

Answer:

A.grow through innovation

3 0
2 years ago
In the following table, determine how each event affects the position of the long-run aggregate supply (LRAS) curve.
Soloha48 [4]

Answer:

  1. Will increase the labor force and the productive ability of the economy, which will shift the LRAS curve to the right.
  2. Will increase the price of oil and its subproducts (gas, plastic, etc.), which will shift the LRAS curve to the left.
  3. Will increase the productivity of the labor force, which will shift the LRAS curve to the right.

5 0
3 years ago
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