Answer:
diminishing ; assumed
Explanation:
Given:
total utils from doing so after
the fourth, fifth, sixth, and seventh wings are 30, 50, 65, 72
Now,
marginal utility from fifth = total utility from fifth - total utility from fourth
= 50 - 30
= 20 utils.
marginal utility from sixth = total utility from sixth - total utility from fifth
= 65 - 50
= 15 utils.
marginal utility from seventh = total utility from - total utility from sixth
= 72 - 65
= 7 utils.
Here,
the marginal utility is diminishing i.e from 20 to 15 and from 15 to 7 utils
also,
it is assumed that the marginal utility will decrease when we analyse the consumer utility because the consumers gets satisfied and thus, the increase in satisfaction leads to the decrease in utility
hence, the answer is diminishing ; assumed
The answer is B hope this helps
$ 60000
Here I will the calculations for the four options. You will be able to tell the which is the highest earnings
a.
Straight commission of 6% on all sales.
6% * 60,000 = 6*60,000/100 = 3,600
b.
Monthly salary of $1,500 plus 3% commission on all sales.
1,500 + 3%*60,000 = 1500 + 3*60,000/100 = 1,500 + 1,800 = 3,300
c.
Graduated commission of 4% on the first $50,000 in sales and 10% on anything over that.
4%*50,000 + 10%*[60,000 - 50,000] = 4*50,000/100 + 10*10,000/100 = 2,000 + 1,000 = 3,000
d.
Graduated commission of 5% on the first $40,000 in sales and 9% on anything over that.
4%*40,000 + 9%*[60,000 - 40,000] = 1,600 + 1,800 = 3,400
Answer:
A) breached the agent's fiduciary duties to the principal.
Explanation:
To be more specific, Sam broke the agent's the duty of loyalty towards the principal. An agent must act in the best interest of the principal, not on his own best interest. The agent is getting paid for performing a task on behalf of the principal, and by taking advantage of his position, the agent has clearly breached his contract with the principal. Therefore, the principal can sue the agent and recover for damages (tort suit).