1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anvisha [2.4K]
3 years ago
14

What's the difference between Utility and Marginal Unility?​

Business
1 answer:
aliya0001 [1]3 years ago
6 0
Total utility is the total amount of satisfaction derived from consuming a certain amount of a good while marginal utility is the additional satisfaction gained from consuming an additional unit of the good.
You might be interested in
Min applies for a job as a receptionist at an accounting firm. If she is denied a job because she is of Asian origin, she may be
Likurg_2 [28]

Answer:

Option C is the correct answer.

Explanation:

What do we understand by disparate-treatment discrimination?

It simply refers to an act of unequal behavior towards someone because of some existing prejudices in the mind of those that commit the act. These prejudices could include false believes about the person coming in. For example a stereotype about being Asian or probably, one about being a female. So what this means is that this act is committed when an unequal behavior is shown to a person because of some characteristics possessed by the person for example gender-based or demographic considerations.

Important to note is that this act is illegal. Since it is illegal, a person feeling he had been a victim could get a court to preside over his/her issues with the said person

6 0
3 years ago
Read 2 more answers
Which of the following actions will help to ensure that formal business documents are trust worthy
sladkih [1.3K]
<h3><u>Full Question:</u></h3>

Which of the following actions will help to ensure that formal business documents are trustworthy?

A: Using a wide variety of charts and tables

B: Putting the decision-related information first

C: Getting information from reliable sources

D: Requiring a password to open the document

Getting information from reliable sources  will help to ensure that formal business documents are trust worthy.

<h3><u>Explanation:</u></h3>

Business documents refers to the record, books, files, plants, correspondence, reports, documentation,etc and details associated with the financing activities of the business. They can be in the form of paper works, electronic format, etc. It is very essential for any business to contain these information that can be handed over to the stakeholders, public,etc  when any issues occurs financially or legally.

There are many things that are to be followed while  preparing these documents. The information that are included in this document must be collected from reliable sources. This is because it should not be proven to be false during any legal or financial issues.

6 0
3 years ago
The market price of pomegranates is $2, and JoAnne sells 25 pomegranates at the local farmer's market. The total revenue is and
leva [86]

Answer:

$50 and $2

Explanation:

The computation of the total revenue and the marginal revenue is shown below:

Total revenue is

= Price ×  quantity

= $2 × 25

= $50

And, the marginal revenue is received collected from one unit i.e price of the one units that equivalent to $2

Hence, we simply applied the above formula to determine the total revenue and the marginal revenue

4 0
3 years ago
Limitations of GDP Although GDP is a reasonably good measure of a nation's output, it does not necessarily include all transacti
snow_tiger [21]

Answer:

The following scenarios are either not accounted for or measured inaccurately by either the income or the expenditure methods of calculating GDP for the United States

B) The costs of overfishing and other overly intensive uses of resources.

C) The value of baby-sitting services, when the babysitter is paid in cash and the transaction isn't reported to the government.

D) The leisure time enjoyed by Americans

Explanation:

GDP is a tool that is used to measure a nation's economic performance, However, it has limitations due to its exclusion of non-market transactions.

  1. The limitations identified can be summarized as:
  2. GDP does not incorporate any measures of welfare.
  3. GDP only includes market transactions.
  4. GDP does not describe income distribution.
  5. GDP does not describe what is being produced.
  6. GDP ignores externalities.

6 0
3 years ago
Each Cutco knife goes through 30 steps to ensure that it meets the firm's standards and provides a good value for a premium prod
ladessa [460]

Answer:

Quality control

Explanation:

Quality control is a system of maintaining quality by periodically testing a sample of the output to ensure that is within the specifications.

4 0
3 years ago
Other questions:
  • LBC Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 4.3 hours of direct labor at the r
    5·1 answer
  • When are you allowed to stand on the top ladder
    15·1 answer
  • Which one of the following statements is not true about statements of cash flows prepared according to U.S. GAAP?a. The operatin
    11·1 answer
  • The average cost of production for a bottle of vitamin water in the industry is $4 while its average price is $7. StoreAll Inc.
    8·1 answer
  • A common stock pays an annual dividend per share of $1.80. The risk-free rate is 5%, and the risk premium for this stock is 4%.
    15·1 answer
  • What does software alone enable a computer to do?
    8·2 answers
  • Xia Co. manufactures a single product. All raw materials used are traceable to specific units of product. Current information fo
    7·1 answer
  • A convertible preferred stock is convertible at $10, pays a 4% annual dividend, is callable at $110, and is trading at a current
    10·1 answer
  • Crane Company estimates its sales at 80000 units in the first quarter and that sales will increase by 8000 units each quarter ov
    9·1 answer
  • Sarah started working this year. She is single with no children and hasn't earned much money. Money has been taken out of each p
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!