Answer: Law of diminishing marginal utility
Explanation: In simple words, law of diminishing marginal utility states that as a consumer consume more of a good or service then the marginal benefit he or she receives from the additional consumption keeps on decreasing.
In the given case, Jenny's excitement keeps on decreasing with every chocolate she receives after a certain point of time.
Hence we can conclude that the given case illustrates law of diminishing marginal utility.
Answer:
not including something
Explanation:
errors of omission a mistake that consists of not doing something you should have done, or not including something such as an amount or fact that should be included
example
I sell you a house not telling you that the house is in a lake
Answer: Yes it does
Explanation:
The investment advisors say that the market rarely declines three years in a row.
Since 1872, it has declined two years in a row 8 times and three years in a row, only twice.
This means out of 8 times, it declined twice. Percentage of times it declined was:
= 2 / 8 * 100%
= 25%
25% while not rare, is a good enough percentage to trust the advice of the investment advisors.
Answer:
Wenjing
The par value that would result in the return the bond broker promises is:
= $1,333.
Explanation:
a) Data and Calculations:
Bond amount paid = $2,000
Quarterly coupon payments = $40
Remaining coupon payments = 12
Bond maturity period = 3 years (12/4)
Promised returns per quarter = 3%
Par value of bond = Quarterly premium/Quarterly returns in percentage = $1,333 ($40/0.03)
Check: 3% of $1,333 = $40
This implies that the bond's annual interest rate = 12% (3% * 4)
Answer:The stakeholders are on the lookout to ensure the firm performs maximally and would want the best decision in place. This is how they influence corporate governance
Explanation:
Stakeholders theory is the theory of organizational management and business ethics that accounts for multiple constituencies impacted by business entities such as employees, local market, creditors, supplies and others. The stakeholders are on the lookout to ensure the firm performs maximally and would want the best decision in place. This is how they influence corporate governance
