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Gnesinka [82]
3 years ago
5

When diminishing marginal utility starts happening as a person consumes more and more of a given good rev: 04_09_2018 Multiple C

hoice total utility will decrease at a diminishing rate. total utility will increase at a diminishing rate. marginal utility will increase at a diminishing rate. total utility will become negative.
Business
1 answer:
rewona [7]3 years ago
8 0

Answer:

The correct answer is letter "B": total utility will increase at a diminishing rate.

Explanation:

Marginal utility refers to the additional benefit or satisfaction gained from consuming one more unit of a good or service. People buy when marginal utility is greater than marginal cost, and they do not buy when marginal utility is less than marginal cost.  

There is <em>positive </em>and <em>negative </em>marginal utility. Positive marginal utility occurs when additional items are being bought and, as a result, increases the total utility at a diminishing rate. On the other hand, the negative marginal utility takes place when the additional item purchased decreases the total utility at an increasing rate.

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The Coffee Nook, a small cafe near campus, sells cappuccinos for $2.50 and Russian tea cakesfor $1.00 each. What is the opportun
Tasya [4]

Answer:

D) $1.00

Explanation:

Opportunity cost is the next best option forgone when one alternative is chosen over other alternatives.

If I buy a cappuccino, I have forgone the opportunity to buy Russian tea cakes. Therefore, my opportunity cost is the price of Russian tea cakes.

I hope my answer helps you.

7 0
2 years ago
Suppose a three period weighted average is being used to forecast demand. Weights for the periods are as follows: 0.1, 0.4 and 0
nika2105 [10]

Answer:

$143

Explanation:

The computation of the demand forecast is shown below:

= Weightage × demand observed + Weightage × demand observed +  Weightage × demand observed

= 0.1 × 120 + 0.4 × 140 + 0.5 × 150

= $12 + $56 + $75

= $143

Basically we multiplied the weighatge with its demand observed so that the demand forecast could come

7 0
3 years ago
In the process of reconciling its bank statement for January, Maxi's Clothing's accountant compiles the following information:
Troyanec [42]

Answer:

$4,469

Explanation:

Calculation for what The adjusted cash balance per the books on January 31 is

Using this formula

Adjusted cash balance = cash balance per books -bank service charges - EFT automatically deducted - NSF Check

Let plug in the formula

Adjusted cash balance= $5325 - $31 -$500 -$325

Adjusted cash balance= $4,469

Therefore The adjusted cash balance per the books on January 31 is $4,469

5 0
3 years ago
Event sponsorship is not an effective public relations tool. The most common publicity-based tool is the press conference. Marke
Mariana [72]

Public relations (PR) is the process of maintaining a favorable image and building associated with events, sponsorships and other PR-related activities.

<h3>What is Public relations?</h3>

The practice of managing and disseminating information from an individual or organization to the public in order to influence their public perception is known as public relations. The distinction between public relations and publicity is that PR is controlled internally, whereas publicity is not controlled and is contributed by third parties.

Public relations professionals create and maintain a positive public image for a business or organization. They generate media, ranging from press releases to social media messages, that shape public opinion of the company or organization and raise brand awareness.

To know more about Public relations follow the link:

brainly.com/question/20313749

#SPJ4

7 0
1 year ago
wo firms, A and B, each currently emit 100 tons of chemicals into the air. The government has decided to reduce the pollution an
almond37 [142]

Answer:

Firm A will buy all of the firm B's pollution permits. Each one will cost between $100 and $200.

Explanation:

The firm B will gain from the trade of pollution permits. Firm A will need higher pollution permits since it emits 100 tons of chemicals into air and the cost for eliminating each ton is $200. This cost is higher than the cost to Firm B which is $100 only. Firm A will buy all the pollution permits from Firm B and there will advantage for the Firm B to gain from the trade.

3 0
3 years ago
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