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Temka [501]
2 years ago
7

Imagine that you sell popcorn at the local football stadium. knowing about diminishing marginal utility, how would you price you

r popcorn after half-time?
Business
1 answer:
Rudiy272 years ago
7 0

Answer: Charge a lower price after half-time

Explanation: Law of diminishing marginal utility holds that as the consumer consumes more and more units of a commodity, the incremental satisfaction derived from the successive units begins to fall after a certain point. Thus, as marginal utility begins to fall the persons willingness to pay shall also decline for the successive units. Therefore, the seller must sell the pop-corns at a lower price after half-time.

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Answer:

i=4.84%

Explanation:

the key to answer this question, is to remember the model of return for a perpeuity dividend calculation:

Value=\frac{1}{i-k}

where value is the current stock price, i is the dividend yield and k is the growth rate, so applying to this particular case we have

k=3.4/91

k=3.74%

and solving i for the previous formula:

91=\frac{1}{i-0.0374}

0.01098={i-0.0374}

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8 0
3 years ago
If there are two lawyers with similar experience and fees, you should make a decision by _____.
mash [69]

Answer:

If there are two lawyers with similar experience and fees, you should make a decision by asking other lawyers for recommendations.

4 0
3 years ago
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An outward shift of a nation's production possibilities frontier can occur due to
DENIUS [597]

Answer:

The correct answer is option D.

Explanation:

Production possibility frontier shows the different amounts of two goods that can be produced using fixed resources.

An outward shift in the production possibility frontier imply that production of output is increasing.

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Here, the shift in production is happening because of increase in labor force.

8 0
2 years ago
An insured purchased an insurance policy 5 years ago. last year, she received a dividend check from the insurance company that w
grandymaker [24]
Dang this question is pretty hard
7 0
3 years ago
An asset has an average historical rate of return of 10.1 percent and a variance of 0.0116751. What is the upper percentage rang
pochemuha

Answer:

20.91%

Explanation:

Provided information

Average historical rate of return = 10.1 %

Variance = 0.0116751

By considering the above information, the standard deviation would be

= Square root of Variance

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8 0
3 years ago
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