Answer:
Alex may have to lower the price to convince Clara to buy a second slice.
Explanation:
Marginal utility is an economic concept that says that a consumer recieves more marginal utility in the first consumption of a good or services than in the second and the subsequents. In fact with each consumption the marginal utility reduces, this effect is known as diminishing marginal utility.
One of the the methods to reduce the effects of the diminishing marginal utility is to reduces prices. As the utility of a product decreases as its consumption increases, consumers are willing to pay smaller amount of money for more of the product.
Answer:
Jillian
What Jillian should ideally do is:
a. Contribute 1650 in a Roth IRA, and 1350 In her company’s 401(k) plan.
Explanation:
a) Data and Calculations:
Salary = $45,000
401(k) = 3% of $45,000 = $1,350
Employer's match to the 401(k) = $1,350 (100%)
Savings affordable = $3,000
b) Jillian can contribute to Roth IRA and her company 401(k) which her company will also match 100%. Her contributions to both funds are within the allowed limits. In 2020, the allowed limit of 401(k) plan is $19,500 while that of Roth IRA is $6,000.
The complete question has been added with an image for better understanding of the concept. The beneficiaries of the inflation and interest rates will be,
- When inflation is 1 percent, Diane will benefit more than Jack;
- When inflation is 0 percent; Diane will benefit more than Jack;
- When inflation is 4 percent; Jack will benefit more than Diane;
- When inflation is -2 percent; Diane will benefit more than Jack.
<h3>What is inflation?</h3>
A given increase in rates or prices of any commodity, including monies, over a particular financial period is known as inflation.
The rates and beneficiaries due to the unexpected change in inflation for the above situation is given attached in the image in the form of a table.
Hence, the significance of inflation is as mentioned.
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Answer:
is a feature of a product or service on which customer places a greater value than they do on similar offerings from competitors.
Explanation:
Competitive advantage can be defined as conditions, factors or circumstances that allow a business firm (organization) to manufacture finished goods or services better and perhaps cheaper than other (rival) firms in the same industry. Thus, it's responsible for putting a business firm in a superior or more favorable position than rival firms.
This ultimately implies that, a competitive advantage has a significant impact on a business because it increases its level of sales, revenue generation and profit margin when compared to rival firms in the same industry.
In conclusion, competitive advantage is a feature that makes a customer to place a greater value on the product or service of a particular company than they do on similar products or services from its competitors (rivals) in the same industry.
The morality, molality, and mole fraction of NaOH is mathematically given as
- morality= 4 ppm
- molality=0.7936m
- x1 = 0.152
What are the morality, molality, and mole fraction of NaOH?
Question Parameters:
A solution was made by dissolving 800. 0 g of NaOH in 25,200 g of water.
Generally, the equation for the Molality is mathematically given as
molality = (mass / molar mass) x (1/ weight of solvent kg)
Therefore
M= (800 /40) x (1 /25.2)
M=0.7936m
Therefore
m= 10 x 18 / 1000
m= 0.18
Hence
x1 = 0.18 - 0.18 x1
1.18 x1 = 0.18
x1 = 0.152
Where the mole fraction is x1 = 0.152 The mass is
m= (800 / 800 + 2000) x 1000
m= 28.57 %
Hence the morality
molality = mg /L
molality= 8000 x 10^-3 / 2 L
morality= 4 ppm
In conclusion, the morality, molality, and mole fraction of NaOH are given respectively as
morality= 4 ppm
molality=0.7936m
x1 = 0.152
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