1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
The North’s growing ______________________ supplied the troops with ______________________, ______________________, and other ne
kkurt [141]

pwriod ................nmintr2rr

Explanation:

3 0
2 years ago
Ben Gordon, Inc. manufactures 2 products, wheels and seats. The company has estimated its overhead in the assembling department
FromTheMoon [43]

Answer:

$90,000

Explanation:

We could allocate assembly overhead on the basis of the parts used in the assembly process:

wheels ⇒ 300,000 x 2 parts = 600,000 parts

<u>seats ⇒ 600,000 x 3 parts = 1,800,000 parts</u>

total parts assembled     2,400,000 parts

overhead costs per part assembled = $360,000 / 2,400,000 parts = $0.15 per part

so the overhead allocated to wheels should be = 600,000 parts x $0.15 per part = $90,000

7 0
3 years ago
A recent study conducted by the state government attempts to determine whether the voting public supports a further increase in
wolverine [178]
Fthbnjg crcyvycyctxrxexexezeze
8 0
3 years ago
You are a​ risk-averse investor who is considering investing in one of two economies. The expected return and volatility of all
Aleks [24]

Answer:

C. A risk averse investor would choose the economy in which stock returns are independent because risk can be diversified away in a large portfolio.

Explanation:

if stock prices move together, (positive correlation), the volatility of the portfolio will be higher. Higher volatility means higher risk. This is the case with the first economy.

In the second economy however, the stocks are independent of each other meaning there is zero correlation between stocks and hence the portfolio volatility will be much lesser.

As a risk-averse investor you will prefer the portfolio with lower volatility for the same expected return.

7 0
2 years ago
Recording partner's original investment Instructions Kimberly Payne and Arionna Maples decide to form a partnership by combining
levacccp [35]

Answer and Explanation:

The Journal entry is shown below:-

Cash A/c Dr, $20,000  

Accounts Receivables A/c Dr, $140,000

($145,000 - $5,000)

Inventory A/c Dr, $101,700  

Equipment A/c Dr, $81,200.

     To Allowance for doubtful Accounts $4,400

     To Payne's Capital A/c $338,500

(Being assets contributed by partner in business is recorded)

For recording the assets contributed by partner in business we simply debited the cash account, accounts Receivables, Inventory and Equipment as increase the assets while we credited the Allowance for doubtful Accounts as it decreasing the assets and Payne's Capital as increasing the stockholder equity.

7 0
2 years ago
Other questions:
  • Compared to perfect competition, a monopoly will produce ________ output, and charge a ________ price. more; lower more; higher
    14·1 answer
  • What is a stock market
    5·2 answers
  • Swifty Corporation manufactures widgets. Bowden Company has approached Swifty with a proposal to sell the company widgets at a p
    15·1 answer
  • Uchimura Corporation has two divisions: the AFE Division and the GBI Division. The corporation's net operating income is $10,900
    8·1 answer
  • Write some similarities between health workers, engineer and teacher​
    5·1 answer
  • Journalizing Sales Transactions Enter the following transactions in a general journal. Use a 6% sales tax rate. May 1 Sold merch
    10·1 answer
  • Answer the question in the pic.
    6·2 answers
  • If the exchange rate for buying Japanese Yen is 12 Yens per Dollar, how many
    15·1 answer
  • Select all the correct answers. which of the following statements are true? economic stability means fair distribution of goods
    13·1 answer
  • Cash equivalents would not include?:
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!