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
atroni [7]
3 years ago
5

Diminishing marginal utility of wealth implies that the utility function. Group of answer choices

Business
1 answer:
yan [13]3 years ago
7 0

Answer:

c. has decreasing slope and a person is risk averse.

Explanation:

The marignal utility of wealth represent that the subsequent utility of the person wealth is not perceived as necessary/joyful as the previous one.

This makes the slope of the utility function to go upward but at slower grow.

The first units of wealth produce a great improvement in utlity compared with the followings just like in any other good or service provided in the economy.

You might be interested in
Laws designed to promote competition and prevent the formation of monopolies are known as _______ laws
juin [17]
<span>Laws designed to promote competition and prevent the formation of monopolies are known as _antitrust_ laws.
</span>
I hope this helped! : )
Please Rate & Thank!
Please mark as Brainliest!

Have a wonderful day! : )
6 0
3 years ago
How many economic impact payments were there in 2021.
olga2289 [7]

Answer:

three Economic Impact Payments

Explanation:

Recovery rebate credits (Economic Impact Payments) for 2020 and 2021. To provide financial relief during a pandemic, many Americans received three Economic Impact Payments (EIP) in 2020 and 2021. The third payment, which began rolling out in March 2021, served as an advance payment of the 2021 Recovery Rebate Credit.

6 0
2 years ago
Read 2 more answers
[30 PTS + BRAINLIEST]
saw5 [17]

Answer:

C

Explanation:

A farmer would want to look at the economic status of the US because his goal is to sell as much wheat as possible and make the most profit. If he pays no attention to the economy and there's a recession but he still sells his wheat at the normal price, people whose stocks are going down and who are losing money will be unable to, and unwilling to, pay the price. Thus, the farmer must inspect the changing economic statuses of the US to determine the best and most effective way to market out his wheat to the public.

Changes in US racial patterns have no impact on the marketing of the farmer's wheat, so A is incorrect.

The number of births per year is also irrelevant, as is the general population growth numbers because these do not affect the way the farmer will market his crops, so B and D are incorrect.

Hope this helps!

3 0
3 years ago
Read 2 more answers
Money that you owe the Internal Revenue Service because you did not pay enough in over the year is known as a ________________.
matrenka [14]

Answer:

Tax due or tax bill any one of them

5 0
2 years ago
What gives rise to the problem of scarcity​
dem82 [27]

Answer:

Explanation:

Often scarcity is caused by a combination of demand and supply induced effects. A rise in demand, e.g. due to rising population causes overcrowding and population migration to other fragile ecological areas

5 0
3 years ago
Other questions:
  • Under Armour developed dynamic advertising, sponsorships of sports leagues, a creative Web site and celebrity spokespeople to pr
    8·1 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 term market structure refers to
    12·1 answer
  • A stock is currently priced at $52.50 a share. One year from now, the stock price is expected to be either $54 or $60 a share. T
    14·1 answer
  • Suppose the currency-to-deposit ratio is 0.25, the excess reserve-to-deposit ratio is 0.05, and the required reserve ratio is 0.
    5·1 answer
  • Explain how can you avoid conflict by adjusting your own behavior?
    13·2 answers
  • Bell Inc. took a physical inventory at the end of the year and determined that $840,000 of goods were on hand. In Addition, the
    10·1 answer
  • Jeannine and Ryan, have both been working full-time jobs for many years. They are about to adopt three siblings and are trying t
    9·1 answer
  • Users who do not directly run the organization and have limited access to accounting information are known as ------------ (inte
    10·1 answer
  • Variable costs per unit: Manufacturing: Direct materials $ 26 Direct labor $ 10 Variable manufacturing overhead $ 2 Variable sel
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!