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bezimeni [28]
3 years ago
14

As you start consuming potato chips, your marginal utility is very high, but begins to fall slowly until you've eaten 10 chips.

after eating 10 chips, marginal utility decreases even faster with each additional chip. marginal utility continues to decline but remains positive until you've eaten 49 chips. the 50th chip does not give you any additional utility. after 50 chips, your marginal utility is negative.
Business
1 answer:
avanturin [10]3 years ago
7 0

Answer:

The law of diminishing marginal utility.

Explanation:

Marginal utility is basically satisfaction derived from consuming an extra unit of product. According to the law of diminishing marginal utility as consumption increases the marginal utility derived from each additional unit decreases.

So when we consume 1 chips marginal utility is high, then as more is consumed we still get some positive utility out of it but at a decreasing rate now. At some point this utility equals zero after which it starts declining as more chips are consumed because it is not providing any satisfaction now. Therefore the chips should be consumed only up to the point where the marginal utility equal zero.

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Sedaia [141]

Answer:

Option A is the correct answer,$5810

Explanation:

The relevant of the Y51B is the cost of replacement,which is the open market price as it is actively being used by Yehle Inc.

Besides, if the quantity currently in inventory is used it has to be replaced at open market price.

Disposal value would have been used if the material in question is not being used

The relevant of 700 liters is given below:

$5.81*1000=$5,810

1000 liters has to be bought not 700 liters as the least quantity available for sale is 1000 liters.

Above,it would be wrong to choose option D as 700 liters is not available

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3 years ago
A company bills customers for services provided. the company records this transaction with a:_______
geniusboy [140]

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The definition of a customer is a person who purchases products or services at a store, restaurant, or other retail establishment. An example of a customer is someone who goes to an electronics store and buys a television. (informal) A person, especially a person, who interacts with others in some way.

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1 year ago
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ch4aika [34]

Answer:

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6 0
4 years ago
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