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prohojiy [21]
3 years ago
15

The first Pepsi yields Craig 18 units of utility and the second yields him an additional 12 units of utility. His total utility

from three Pepsis is 38 units of utility. The marginal utility of the third Pepsi is:______.
a) 26 units of utility.
b) 6 units of utility.
c) 8 units of utility.
d) 38 units of utility.
Business
1 answer:
Dima020 [189]3 years ago
5 0

The marginal utility of the third Pepsi is 8 units of utility

Explanation:

Marginal utility attempts to measure the additionally fulfilled use of extra products or services by a customer.

Economists use the idea of marginal demand to assess how much a individual good is likely to pay.

The complete utility of that first two Pepsi is equal to 30(= 18 + 12).  

Thus, the marginal value of the third Pepsi is equal to 8 (= 38-30).

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7 0
3 years ago
Desktop management__________.a. increases the cost of configuration management over the long termb. requires managers to install
ryzh [129]

Answer:

C) automatically produces documentation of software installed on each client computer

Explanation:

Desktop management refers to managing all the company's computers. Even though the word desktop is used, it includes managing and overseeing all the devices of the organization including laptops, tablets and even smartphones. Desktop management is a part of systems management.

8 0
3 years ago
A. Define supply as an economist would. B. List and explain three (3) non-price factors that will shift the supply curve. C. If
Paladinen [302]

Answer:

A: Refer the detail below

B: Refer the detail below

C: Refer the detail below

Explanation:

A. Definition of Supply

Supply is an economic term that refers to the quantity of a given product or service that suppliers are willing to offer to consumers at a given price level at a given period. Supply is positively related to price given that at higher prices there is an incentive to supply more as higher prices may generate increased revenue and profits

B. Non-price factors that will shift the supply curve

1. Producer input costs

2. producer expectation

3. The number of sellers.

C. Impact of Fountain Pens market

If the cost of production of fountain pens falls, producers can produce more goods by using the same amount of money. Therefore, the supply will increase and the supply curve will shift to the right.

5 0
3 years ago
A market often characterized by one-on-one bargaining is a(n) _______ market.
Neko [114]
<span>barter The barter market involves people directly trading goods and services for other goods and services. In this system haggling is customary.</span>
6 0
3 years ago
Ashes Divide Corporation has bonds on the market with 18 years to maturity, a YTM of 6.6 percent, and a current price of $1,156.
Mila [183]

Answer:

Coupon Rate = 8.1%

Explanation:

Given:

Nper = 18 x 2 = 36 semiannual

Rate = 6.6% / 2 = 3.3% semiannual

Future Value = $1,000

Present Value = $1,156.50

Find:

Coupon rate

Computation:

Annual Interest Payment = PMT(Rate,Nper,PV,FV)2

Annual Interest Payment =PMT(3.3%,36,-1156.50,1000)2

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Coupon Rate = [81/1000]100

Coupon Rate = 8.1%

7 0
3 years ago
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