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SVETLANKA909090 [29]
3 years ago
8

Marginal thinking is best demonstrated by:

Business
1 answer:
Aleonysh [2.5K]3 years ago
4 0

Answer:

The correct option is A. Marginal thinking is best demonstrated by choosing to spend one more hour studying economics because you think the improvement in your score on the next quiz will be worth the sacrifice of time.

Explanation:

Marginal thinking can be described as a form of thinking in which a person evaluates the costs as well as the benefits of doing an extra task.  The person thinks about the worth of the extra resources. For example, in the option A the person is thinking to study economics at the cost of an extra hour. This cost would benefit him to score more in the quiz which is worth the cost.  

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The purpose of a budget is to do what?
Colt1911 [192]
D. the whole point of a budget is to save money. sometimes we buy unnecessary things that we don’t need or already have. being on a budget will keep us from spending the money that we could use later on in life!
4 0
3 years ago
Sara is an administrator at a bank. sara eats plenty of fruits, vegetables, whole grains, legumes, and lean meats. she is of nor
Tresset [83]
She could exercise. Since she is sitting at a desk all day, going on runs on lunch break or when she wakes up could really help promote a healthy lifestyle.


I hope this helped!
4 0
3 years ago
Investment is equal to all purchases of newly produced capital goods Select one: a. minus changes in business inventories. b. pl
d1i1m1o1n [39]
<h2>Plus changes in business inventories, plus purchases of new residential housing</h2>

Explanation:

Let us understand the term deeply what an "investment" is about.

  • It is the amount of money spent on something which would yield a better returns"
  • These are purchase of goods which may not be essential or not going to be used immediately but it is bought keeping future in mind
  • Those are also called an "asset" which can be sold in future "for higher profit returns"
  • This is action is done to "financially" be safe or protected
  • There are different types of investment and should be carefully chosen based on the returns and risks associated with that.
8 0
3 years ago
A building with an appraisal value of $167,000 is made available at an offer price of $162,000. The purchaser acquires the prope
Semmy [17]

Answer:

$165,000

Explanation:

Given that

The appraisal value is = $167,000

The offer price = $162,000

Acquiring value of property = $25,000

Note Payable amount = $75,000

Mortgage Amount = $65,000

So, The computation of recognize this purchase is as follows:-

= Acquiring value + Payable amount + Mortgage Amount

= $25,000 + $75,000 + $65,000

= $165,000

3 0
4 years ago
Let qa be the quantity demanded of good a, pa be the price of good a, pb be the price of good b, and m be income. let the demand
-BARSIC- [3]

Answer: Cross price elasticity is - 0.12

Explanation:

Cross price elasticity measures the responsiveness of quantity demanded of good a to a change in any of its related variable such as good b.

Qa=86-5Pa-4Pb+2M

Given,

Pa=6, Pb=3, and M=30,

Qa = 86 - 5(6) - 4(3) + 2(30)

Qa = 86 - 30 - 12 + 60

Qa=104

So, cross price elasticity is given by

e_{pb} = \frac{Change in Qa}{Change in Pb} * \frac{Pb}{Qa}

e_{pb} = -4 * \frac{3}{104}

e_{pb} = -0.1153

Since, cross price elasticity is negative it means that good a and good b are complements to each other.


4 0
4 years ago
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