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satela [25.4K]
3 years ago
15

If the price of good A​ falls, then when the consumer makes his new​ utility-maximizing choice​ _______. A. the quantity of the

good A consumed will decrease B. the marginal utility from consuming good A will be lower than before C. the marginal utility from all other goods will be lower than before D. the quantity consumed of all other goods will increase
Business
1 answer:
skad [1K]3 years ago
4 0

Answer: Option (B) is correct.

Explanation:

Correct option: The marginal utility from consuming good A will be lower than before.

This due to the law of diminishing marginal utility. When the price of good A falls as result consumer will buy more quantity of good A. But according to the  law of diminishing marginal utility, as the consumers consumes more and more quantity of good, the utility derived from an additional unit goes on diminishing.

Therefore, the marginal utility from consuming good A will be lower than before.

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Answer the following questions about prepaid​ expenses:
pochemuha

Answer:

the numbers are missing, so I looked for a similar question:

a. On ​1, Tree Service prepaid $7,200 for six​ months' rent. Give the adjusting entry to record rent expense at Include the date of the entry and an explanation. Then post all amounts to the two accounts​ involved, and show their balances at adjusts the accounts only at ​31, the end of its fiscal year.

Dr Rent expense 1,200 (= $7,200 / 6)

    Cr Prepaid rent 1,200

Balances:

Prepaid rent 6,000

Rent expense 1,200

b. On ​1, Tree Service paid $1,050 for supplies. At ​31, has $400 of supplies on hand. Make the required journal entry at 31. Then post all amounts to the accounts and show their balances at 31. Assume no beginning balance in supplies.

Dr Supplies expense 650 (= $1,050 - $400)

    Cr Supplies 650

Balances:

Supplies 400

Supplies expense 650

c. On ​1, Tree Service prepaid for six​ months' rent. Give the adjusting entry to record rent expense at Include the date of the entry and an explanation. Then post all amounts to the two accounts​ involved, and show their balances at adjusts the accounts only at ​31, the end of its fiscal year. Prepare the adjusting journal entry to record the rent expense at 31.

SAME AS QUESTION A

6 0
3 years ago
Describe how organizational culture is related to project management. What type of culture promotes a strong project environment
alukav5142 [94]

Explanation:

Every company regardless of its size or area of ​​activity has an organizational culture, formally instituted or not.

Organizational culture can be defined as the company's identity, it is a system of values, procedures and behaviors that are shared by all members of an organization. A culture can be rigid or flexible, innovative or conservative, strong or weak, hostile or supportive.

Therefore, the relationship that the organizational culture has with the project management area is the impact on the behavior and form of action of the project members, the culture has a relevant impact on the identity of the professional.

The ideal type of culture to promote a strong project environment is a culture focused on innovation and the guidance and coordination of staff, with an emphasis on the group, so that there is integration, motivation and a favorable climate.

3 0
3 years ago
Hayduke Corporation reported the following results from the sale of 5,000 units in May: sales $300,000, variable costs $180,000,
bazaltina [42]

Answer:

4,444.44 units

Explanation:

For the computation of Number of units to be sold to earn target profit first we need to follow some steps which are shown below:-

Selling price per unit = Sales ÷ Number of units sold

= $300,000 ÷ 5,000

= $60

Variable cost per unit = Total variable cost ÷ Number of units sold

= $180,000 ÷ 5,000

= $36

Increase in selling price = $60 × 5%

= $3

New selling price per unit = $60 + $3

= $63

New contribution margin per unit = New selling price per unit - Variable cost per unit

= $63 - $36

= $27

Number of units to be sold to earn target profit = (Fixed cost + Target profit) ÷ Contribution margin per unit

= ($90,000 + $30,000) ÷ $27

= $120,000 ÷ $27

= 4,444.44 units

7 0
3 years ago
Environmental Designs issues 4,000 shares of its $1 par value common stock at $15 per share. (1) Record the issuance of the stoc
prisoha [69]

Answer:

1                        Cash                                            $60000

                            Common Stock                             $4000

                            Additional Paid in Capital            $56000

2                       Cash                                            $60000

                             Common Stock                            $60000  

Explanation:

When stock issue at Market value the cash generated above the par value will consider as Additional Paid in Capital while cash common stock no par value it will consider as share issued at market value when share issued at no par value.

8 0
3 years ago
For a variety of reasons, a bank sometimes will hold more reserves than is legally required. These reserves are known as excess
sweet-ann [11.9K]

Option D , The money supply will decrease as banks loan out less money.

Explanation:

Banks are lending their deposits and increasing the economic supply of money. Nevertheless, if the bank holds more money and invests less then the supply of money into the economy rises.

Conversely, the ratio increased, boosted, lowered the cash multiplier, and decreased the supply of money. Expansionary fiscal policy is the decrease in the necessary reserve ratio; contraction monetary policy is the rise in the reserve ratio.

When attempting to control the monetary supply, the Fed has two challenges. Firstly, the Federal does not regulate the amount of cash families want to keep in their accounts as deposits.  The second problem seems to be that the banks ' capital is not verified by the Fed. If the banks opt for more excess reserves and deposits, the sum of money will be lower.

8 0
3 years ago
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