Answer:
Private organisation
Explanation:
The National Bureau of Economic Research is a private organisation that disseminates economic research to academic communities, business professionals, and policy makers.
NBER's aim is to make sure there is greater understanding of how the economy works. It studies the effects of government policies on the economy, makes quantitative models of economic behaviour, and uses new statistical measurement tools.
Cost Principle,
<span>requires that assets be recorded at the cash amount (or its equivalent) at the time that an asset is acquired.</span>
Answer:
Cash and equivalents $700 Debit*
Accounts Receivables $700 Credit*
Explanation: The cash represents a debit because we are receiving the cash from a sale already made and the credit is made accounts receivable, because the product was previously sold only that a payment term was given to the person who is currently fulfilling, then the account receivable becomes cash as part of the company's operating cycle.
The account that’s compounded continuously is the better investment long-term because you accrue interest on top of interest on a daily basis which grows exponentially.
Answer: The marginal utility is 2
Explanation:
Utility is the satisfaction derived from the consumption of a particular commodity. Total utility is the total satisfaction derived from the consumption of a particular commodity. Marginal utility is the extra satisfaction that a consumer gets from consuming a product. Utility is measured in utils.
Marginal utility increases with an extra consumption of a good at first but later it begins to reduce as the extra good consumed doesn't really have give the consumer enough satisfaction anymore.
Regarding the question, eating 5 hotdogs gives 40 utils and eating 6 hotdogs gives 42 utils.
The marginal utility is the extra utils which will be 42-40 which gives 2 utils.
