1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Agata [3.3K]
3 years ago
6

For the person to whom this utility function applies, a. her level of satisfaction will be enhanced equally by an increase in we

alth from $600 to $800 or by an increase in wealth from $400 to $600. b. the more wealth she has, the less utility she gets from an additional dollar of wealth. c. her level of satisfaction will be enhanced more by an increase in wealth from $600 to $800 than it would be by an increase in wealth from $400 to $600. d. the more wealth she has, the more utility she gets from an additional dollar of wealth.
Business
1 answer:
Solnce55 [7]3 years ago
6 0

Answer:

b. the more wealth she has, the less utility she gets from an additional dollar of wealth.

Explanation:

Utility is the satisfaction derived from a good. Total Utility is the total satisfaction from all units of a good. Marginal Utility is the additional satisfaction from an additional unit of a good.

The Law of Diminishing Marginal Utility states that : As consumer gets more & more of a good, the additional utility (satisfaction) from each successive unit keeps on declining. It implies that marginal utility decreases, & total utility increases at a decreasing rate.

Therefore : A person has more marginal utility (additional satisfaction) from an additional dollar, if he has less money (dollars). And, relatively less marginal utility from an additional dollar if he has more money (dollars).

Example : A rich person having millions of dollars would get less marginal utility (additional satisfaction) from gaining a single dollar, than a poor person having few dollars.  

You might be interested in
Park, Inc. acquired 100% of Gravel Co.'s net assets. On the acquisition date, Gravel's accounting records reflected $50,000 of c
Akimi4 [234]

Answer:

The  $400,000 should be a result of the acquisition of the in-process research and development activities

Explanation:

Intangible Assets: The intangible assets are those assets that cannot be seen or even touched. It is not tangible in nature

The example is goodwill, and intellectual properties like - patents, copyrights, trademarks, etc.  

The recording of the intangible assets based on the fair market value i.e $400,000 instead of associated costs.

5 0
3 years ago
According to the Level-5 leadership pyramid, managers can become executives who are capable of building lasting greatness into t
notsponge [240]

Answer:

Level 5

Explanation:

pyramid organizational structure is structure usually from 1 to 5 having , one leader at the top, along with

small executive leadership team which is at below level with tiers of managers that have their leading down to the bottom level of team of employees.

Level 5 leaders always shows

powerful mixture of personal humility as well as indomitable will. These set of people that fall under this heirachy are incredibly ambitious, though

their ambition comes as first and foremost as regards the cause, for the organization as well as its purpose and not themselves. It should be noted that According to the Level-5 leadership pyramid, managers can become executives who are capable of building lasting greatness into the organization through a combination of willpower and humility. This occur At

level 5 of the pyramid.

7 0
3 years ago
Read 2 more answers
At McDonald’s all new franchise owners and managers attend Hamburger University. During this two-week period, they are exposed t
Tanya [424]

Answer:

The correct answer is variable.

Explanation:

Socialization is the process by which a culture, society or organization conditions the behavior of its members, and speaking in the organizational field is the process by which people gradually acquire aspects of attitude, behavior and values that are understood and accepted. For the new employee.

6 0
3 years ago
Refer to the data for Pennewell Publishing Inc. (PP). Assume that PP is considering changing from its original capital structure
Mnenie [13.5K]

Answer:

$57.69 per share

Explanation:

The computation of the  stock price per share immediately after issuing the debt but prior to the repurchase is shown below

Price per share = Value of equity ÷ number of Shares

where,

Value of equity is

= Value of operations + T-bills value - Debt value

= $576,923 + $259,615 - $259,615

= $576,923

And, the number of shares is 10,000 shares

So, the price per share is

= $576,923 ÷ 10,000 shares

= $57.69 per share

We simply applied the above formula

6 0
3 years ago
The quality assurance committee has completed a study that reviewed preoperative and pathologic diagnosis. Upon review of the st
luda_lava [24]

Answer:

The given findings should be reviewed by the <u>tissue committee.</u>

Explanation:

The tissue committee is a committee in a hospital or health care facility that is responsible for preventing unnecessary surgeries, evaluating the performed surgeries and detecting delays in performing a surgical procedure.  This committee is also responsible for reviewing preoperative and postoperative diagnoses with the pathological findings.

<u>Therefore, the given findings should be reviewed by the </u><u>tissue committee.</u>

8 0
3 years ago
Other questions:
  • Your opening a savings account that earns compound interest which compounding frequency will earn me the most money? A.compoundi
    12·1 answer
  • Identify which type of sampling is​ used: random,​ systematic, convenience,​ stratified, or cluster. upper a radio station asks
    7·1 answer
  • Nottebart Corporation has outstanding 10,000 shares of $100 par value, 6% preferred stock and 60,000 shares of $10 par value com
    10·1 answer
  • The March 2011 announcement that AT&amp;T was acquiring T-Mobile USA from Deutsche Telekom is a _________ acquisition and is int
    7·1 answer
  • P7-47. Interpreting Debt Footnotes on Interest Rates and Interest Expense. Boston Scientific discloses the following as part of
    11·1 answer
  • 1. A company acquires all of the assets and liabilities of another company. Which statement is false? A. The acquired company no
    14·1 answer
  • When will the Mini Toolbar appear?
    11·2 answers
  • A firm is choosing between two machines. Machine X has a first cost of $5,000 and a useful life of 5 years. Machine Y has a firs
    13·1 answer
  • In response to a tax cut, the consumption of a consumer who is borrowing constrained _____, whereas the consumption of a forward
    12·1 answer
  • 2. Your company has to liquidate some equipment that is being replaced. The original cost of the equipment is $100,000. The firm
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!