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SVEN [57.7K]
3 years ago
8

Think of three example from your own experience, and explain how they demonstrate the concept of diminishing marginal utility.

Business
1 answer:
rewona [7]3 years ago
6 0
Examples:
1.) Having a stain on your rug there's only so much you can get out before your damaging your rug with cleaner

2.) Babysitting and having the child miss there mom, there's only so much you can do to try to calm him/her down 

3.) Watering plants, if you haven't watered plant in a long time so you give them extra water, if you keep giving the plant extra water it will eventually drown and die.

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Recession and inflation have decreased the value of your investments. This is an example of ______.a. economic risk. b. industry
Fantom [35]

Answer:

A

Explanation:

Economic risk is the risk that macroeconomic conditions would affect the value of investment .

Examples of economic risks are Recession and inflation

5 0
4 years ago
Explain the technique to make change in counter transactions correctly.
dem82 [27]

Answer:

The correct ways to prepare a customer's change over the counter are:

Explanation:

1. In the cash drawer, store each denomination together in a section

2. As you receive cash, straighten them out and arrange them uniformly. Let every bill be faced in the same direction.

3. Deduct the total price of goods bought from the total amount handed to you by the customer.

4. The result from the above calculation is the customer's change.

5. Peek into the cash drawer and neatly pick out the notes or bills that make up this amount.

6. Carefully replace the shifted bills or coins in the drawer.

7. Place your hands on the desk or in sight of the customer and count the change for them to see.

8. Hand it over to the customer!

8 0
3 years ago
Ann is considering the purchase of a life insurance policy with these characteristics: flexible premium payments; the insurance
satela [25.4K]

Answer:

C) universal life insurance

Explanation:

According to my research on different life insurance specifications, I can say that based on the information provided within the question Ann is considering buying a universal life insurance policy or UL. This is a policy in which the excess of premium payments above the current cost of insurance is credited to the cash value of the policy, which is credited each month with interest. Which is what Ann seems to be investigating.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
Carla Vista Co.’s trial balance at December 31 shows Supplies $8,780 and Supplies Expense $0. On December 31, there are $2,120 o
kolbaska11 [484]

Answer:

Explanation:

The adjusting entry is shown below:

On December 31

Supplies expense A/c Dr $6,660

        To Supplies A/c $6,660

(Being supplies account is adjusted)  

The supplies expense is computed by  

= Supplies balance - supplies on hand  

= $8,780 - $2,120

= $6,660

We simply debited the supplies expense account and credited the supplies account for $6,660

6 0
4 years ago
During the audit of wood pharmaceuticals, you are surprised to find several controldeficiencies in the company's internal contro
amid [387]
<span>I gather from the referenced paragraph that a company called Wood Pharmaceuticals was being audited.The process of auditing revealed some concerning issues to include several control deficiencies in the company's internal control which could result in adversities.I would notify the folks in charge and inform them of the steps required to resolve the issue in a timely manner.</span>
8 0
3 years ago
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