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Jet001 [13]
4 years ago
14

Marginal utility is the Group of answer choices total utility associated with the consumption of a certain number of units of a

good divided by the number of units consumed change in total utility obtained by consuming one less unit of a good. sensitivity of consumer purchases of a good to changes in the price of that good. change in total utility obtained by consuming an additional unit of a good
Business
1 answer:
Vitek1552 [10]4 years ago
4 0

Answer:

change in total utility obtained by consuming an additional unit of a good

Explanation:

The utility is the level of satisfaction derived from the consumption of a good or service.  

Marginal utility obtained from the consumption of a good is the change in the total utility due to the consumption of an additional unit of that good.

The total utility from consuming a good is maximized when the marginal utility is zero.  

In order to maximize the total utility while consuming more than one good the marginal utility obtained from the last dollar spent on each product should be equal.

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wlad13 [49]

Answer: D. Derek assumed the risk of a bear attack by joining the tour group, so he cannot hold the tour company liable

Explanation:

Derek has to accept that by joining the tour group, he assumed some the risk of some elements of danger amongst them the bear attack.

Even though there had been no prior attack by bears in the mountain, a mountain hike still has some inherent danger in it and this includes bears. He cannot hold the tour company liable using this reason alone.

4 0
3 years ago
Curtis needs to find an inexpensive technology that will enable his company's employees to share, organize, and update their rec
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A wiki is probably the best of the choices presented, because it's editable by everyone.  But wikis get out of control pretty quickly if nobody is assigned to be the wiki-keeper.

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3 years ago
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Answer:

why now when people still need help alot of help

Explanation:

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3 years ago
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Prisly Inc. is a multinational company that specializes in manufacturing and selling high-end cars. It launches a new car Gwen 2
antoniya [11.8K]

Answer:

3. cannibalization

Explanation:

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5 0
4 years ago
It is May 18, 2017. You have a $10,000 semi-annual bond with a coupon rate of 10.375% which matures May 5, 2044. The bond is pri
Keith_Richards [23]

Answer:

-3.91%.

Explanation:

The Duration Adjustment (% change in bond price) is given by:

= (Duration) * (Change in yield in %)

= -(7.81) x (0.5%)

= -3.91%

The Convexity Adjustment is given by:

= 0.5 * Convexity *  (Change in yield, as a fraction)^2

= 0.5 * 99.87 * (0.005)^2

= 0.5 * 99.87 * 0.000025

= 0.001248375

= 0.0012%

Thus, the convexity correction is 0.0012%

Thus, the total change in bond price = -3.91% + 0.0012% = -3.91%.

3 0
3 years ago
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