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

1 answer:

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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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Checkable deposits are classified as money because:

worty [1.4K]

Checkable deposits are classified as money because , They can be readily used in purchasing goods and paying debts.Choice( A)

Explanation:

Any demand deposit account against which, one can write a check or a draft is called checkable deposit. It is mainly used when a person has to withdraw money, at a short notice and he can do so, without giving any prior notice to the bank.

These deposits help in immediate access to cash. As these deposits are available easily , they are considered to be assets. .

Its an asset for the person who withdraws, as he can withdraw anytime without notice. It is a liability to the bank as the bank has to pay it, whenever the customer asks for it.

As these checkable deposits are easily available, they can be readily used in purchasing goods and paying debts.

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lozanna [386]

Answer:

Explanation:

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Unilateral contract is the correct answer

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What is the functions of a commercial bank? Explain.

Goshia [24]

A commercial bank offers products and services such as loans, savings accounts, safety deposit boxes and mutual fund/insurance to individuals and businesses.

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When is it appropriate to use a nontraditional résumé?

MissTica

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Explanation:

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