The owner, Mr Jones, forgot to feed the animals. The cows, due to their hunger, broke into the store shed and fed themselves. Jones and his farm hands found out and whipped the cows. Hungry and upset animals turned on the men and drove them out.
Complete question :
If the price of an apple is $0.50, the marginal utility per dollar spent for the fifth apple is:
Number of apples ____total utility
2__________________130
3__________________180
4__________________220
5__________________250
6__________________270
7__________________280
Answer:
60
Explanation:
The marginal utility simply refers to the change or extra satisfaction derived with change in consumption.
Hence, the marginal utility of the fifth apple equals :
Difference /change or extra satisfaction derived by consuming one more than 4 apples = (total utility of 5th apple - total utility of 4th apple)
= (250 - 220) = 30
Hence, marginal utility per dollar :
Marginal utility / price per apple
Price per apple = $0.5
Marginal utility of 5th apple = 30
Therefore,
30 / 0.5
= 60
The correct answer for the question that is being presented above is this one: "a. enabled corporate executives to supervise daily business activities more closely." The corporation became a popular form of business organization during the post-Civil War period because it <span>enabled corporate executives to supervise daily business activities more closely.</span>
Friction is the force going against the object in motion and kinetic energy is the type of energy that means an object is in motion. I’m pretty sure this is the answer.
I’m not 100%, but i’d say A
