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erma4kov [3.2K]
3 years ago
13

. As you start consuming potato chips, your marginal utility is very high, but it begins to fall slowly until you've eaten 10 ch

ips. After you have eaten 10 chips, marginal utility decreases even faster with each additional chip. Marginal utility continues to decline until you’ve eaten 49 chips. The fiftieth chip does not give you any additional utility. After 50 chips, your mouth gets so salty that it is unpleasant to eat any more, so marginal utility is actually negative for those chips. How many chips should you eat in order to maximize your marginal utility?
1


10


49


50
Business
1 answer:
scoray [572]3 years ago
6 0

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.

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A marketing
Fynjy0 [20]

Answer:

True.

Explanation:

Given that Marketing is a term that describes the activities of a business firm in advertising its business commodities to predetermined consumers. This is done by letting the potential consumers fully aware of the business products and services being offered for sale. For example media commercials like television advertisements, radio adverts, newspapers adverts, roadside Billboards, etc.

Hence, it is TRUE that marketing is used by businesses to help promote products and services and reach out to potential customers.

8 0
3 years ago
An investor buys a $10,000 par, 4.25 percent annual coupon TIPS security with three years to maturity. If inflation every six mo
NeX [460]

Answer:

D. $11,843.37

Explanation:

principal \times (1+\alpha)^6 \times (1+r_n)

We will adjust by inflation the principal, and then calculate the interest.

Inflation is 0.025 every six month, and it is compounding interest.

Our rate will be for six month as well. Because TIPs pay interest semianually as well.

principal \times (1+0.025)^6 \times (1+0.0425/2)

11,843.36903

3 0
3 years ago
What's the correct answer? I'll give brainliest
NISA [10]
Hi!

I think you've got the correct answer right there! (A conspicious writing).
4 0
3 years ago
Read 2 more answers
1. What area of law protects the sale of a home?
Naily [24]

1 contract law

2 Something of value must be exchanged between the parties.

3 civil law

Why is the law important?

Laws are created for protect our general safety, and ensure our rights as citizens against abuses by other people, by organization's, and by the government itself. We have laws for help provide to our general safety.

How many kinds of Laws?

Natural or Moral Laws: Natural laws are the belief that certain laws of morality are inherent by human nature, reason, or religious belief.

  • Scientific Laws
  • Imperative Laws
  • Common Laws
  • Criminal Laws

Learn more about Law here brainly.com/question/6590381

#SPJ10

4 0
2 years ago
GDP per person tells us the income and expenditure of the a. richest person in the economy. b. poorest person in the economy. c.
ale4655 [162]

Answer:

The correct answer is letter "C": average person in the economy.

Explanation:

The Gross Domestic Product (GDP) measures the level of output of a country given a certain period -by quarter and year, usually. It considers <em>government expenditures, private investments, consumer spending, </em>and <em>net exports </em>(exports minus imports).  

The GDP per capita represents the GDP per person and is calculated by dividing the GDP by the population of a country. GDP per capita represents an approximate of the expenses of an individual. Smaller richer countries such as Luxembourg or Switzerland tend to have higher GDP per capita.

8 0
3 years ago
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