Answer:
The correct answer is 10 chips.
Explanation:
A person is eating chips. Initially, the marginal utility is very high, but after 10 chips it starts declining. It declines till 49 chips and after that it becomes negative.
We see that the marginal utility derived from the consumption of chips start to decline after consuming 10 chips.
This implies that marginal utility is being maximized at the consumption of 10 chips.
So the utility-maximizing quantity of chips is 10 chips.
Answer:
The correct answer is letter "D": Is useful in comparing earnings performance for the same company over time.
Explanation:
Earnings Per Share or EPS is a measure of the income of one given company. EPS is determined by subtracting dividends from the company's profit and dividing the amount by the number of outstanding shares. Higher EPS are convenient for institutions since it implies the revenue is being higher which is likely to attract more investors.
Answer:
The expected profit is -$13,162.
I would not recomend the investor to make this investment.
Explanation:
The expected profit can be calculated multypling the probabilities of every outcome and the profit of each outcome, and substracting the total invevstment.
The outcomes are:
1) probability 0.39 of a $23,000 loss,
2) probability 0.24 of a $8700 profit,
3) probability 0.12 of a $31,000 profit, and
4) probability 0.25 of breaking even
NOTE: It is assumed that the outcomes does not include the initial investment.
Then, the expected profit of this investment is:
![E(P)=[0.39*(-23,000)+0.24*8,700+0.12*31,000+0.25*0]-10,000\\\\E(P)=[-8,970+2,088+3,720+0]-10,000\\\\E(P)=-3,162-10,000\\\\E(P)=-13,162](https://tex.z-dn.net/?f=E%28P%29%3D%5B0.39%2A%28-23%2C000%29%2B0.24%2A8%2C700%2B0.12%2A31%2C000%2B0.25%2A0%5D-10%2C000%5C%5C%5C%5CE%28P%29%3D%5B-8%2C970%2B2%2C088%2B3%2C720%2B0%5D-10%2C000%5C%5C%5C%5CE%28P%29%3D-3%2C162-10%2C000%5C%5C%5C%5CE%28P%29%3D-13%2C162)
The process whereby a organization makes decisions about what they will do in the future is known as planning.
<h3>What is planning?</h3>
Planning simply means the process of thinking in order to achieve a desirable goal.
Planning is the process of making decisions about goals and activities that an organization will pursue in the future.
Organizations make plans in order to increase sales, revenue, etc.
Learn more about planning on:
brainly.com/question/25453419
