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charle [14.2K]
3 years ago
9

Picture If total utility is increasing, marginal utility: is positive but may be either increasing or decreasing. must also be i

ncreasing. may be either positive or negative. will be increasing at an increasing rate.
Business
1 answer:
zubka84 [21]3 years ago
6 0

Answer:

It would be positive but might be either decreasing or increasing

Explanation:

Total utility (TU) is the utility which is defined as the aggregate satisfaction received or gained through consuming the given aggregate quantity of the good and service.

Marginal utility (MU), is the one which is defined as the satisfaction received from consuming an extra or additional unit or quantity of the specific good or service.

So, when the aggregate utility is increasing, then the marginal utility would be positive but might be either decreasing or increasing.

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During the months of January and February, Axe Corporation purchased goods from three suppliers. The sequence of events was as f
malfutka [58]

Answer:

Explanation:

journal entries in the books of AXE

jan 6   purchased goods from Green worth $1200 term 2/10 , n/30

                                      Inventory a/c $1200

                               Accounts Payable - green $1200

jan 6    purchased goods from munoz worth $900

                                                          inventory a/c$900

                                         Accounts Payable - munoz $900

jan 14   Payment being made to green. Since payment is made within 8 days so discount will be recieved by Axe( note term 2/10 means if payment is made within 10 days axe will recieve discount @2%)

                                       Accounts payable - green $1200

                                                                         Cash                  $1,176

                                                         discount recieved              $    24

( being discount recieved [email protected]% = $24)

Feb 2 payment made to munoz , since it is paid after 10 days no discount will be recieved

                          Accounts payable- munoz $900

                                                      Cash                $900

feb 28                  purchased goods worth $350 from reynold

                                                   Inventory $350

                                                          Accounts payable - reynold $350

5 0
3 years ago
Halo effect and "Devil's Horns" are associated with which selection activity? Select one: a. Background checking b. Preliminary
Marysya12 [62]

Answer:

C. Interviews

Explanation:

In an interview, there is personal contact between the interviewer and the person interviewed. In this context, first impressions are very important (this is why people are advice to dress and groom themselves well before going to an interview).

A postive first impression can result in a general positive bias when analyzing the person. This is the halo effect and can become helpful in securing the job.

On the contrary, a negative first impression can result in a negative bias when analyzing the person. Negative qualities are ascribed to the person without much basis. This is tthe Devil's Horns effect and can result in the loss of the job opportunity.

8 0
3 years ago
How is a Trial Balance used?
Sloan [31]

In order to create balance sheets and other financial accounts, trial balances are a crucial document for auditors. To identify any accounting problems, a trial balance is performed to ensure that the general ledger accounts' debit and credit column totals match.

<h3>What purpose does a trial balance serve?</h3>

Any mathematical mistakes that have occurred in a double entry accounting system can be found using a trial balance. There shouldn't be any arithmetic errors in the ledgers if the sum of the debits and credits equals the total of the trial balance.

<h3>What exactly does a trial balance contain?</h3>

It varies. A trial balance can be used by businesses to monitor their financial status, and they may create multiple different types of trial balances over the course of the fiscal year.  All of the significant accounting items, including as assets, liabilities, equity, revenues, expenses, gains, and losses, may be included in a trial balance.

To Know more about  trial balance

brainly.com/question/15059786

#SPJ9

3 0
1 year ago
Sunnyside Detailing's cost formula for its materials and supplies is $1,950 per month plus $14 per vehicle. For the month of Aug
Mumz [18]

Answer:

Flexible budget cost materials and supplies= $2,720

Explanation:

In the flexible budget, we need to multiply the standard quantities by the actual activity.

<u>Standard cost formula:</u>

materials and supplies= 1,950 + 14*x

x= number of vehicles

<u>For 55 vehicles:</u>

Flexible budget cost= 1,950 + 14*55

Flexible budget cost= $2,720

6 0
3 years ago
c. What are the major functions of the entrepreneur? Instructions: Click in each box for a 'check-mark' for each correct answer
ipn [44]

Answer:

In your list of options there are 2 Major functions of an entrepreneur:

1. Innovate

2. Take Risks

Explanation:

Remember that being an entrepreneur and being a manager are 2 very different things. When an entrepreneur takes over the functions of a manager then things get more complicated.  You can have a really big company that goes belly up because of bad management but that doesn't mean you had  an incompetent entrepreneur.

The organizing function is one of my personal favorites. Here you have to get everything together, materials, machinery, material resources to operate, legal requirements etc. Then with successful leadership you can execute the plans directed by the entrepreneur.

5 0
3 years ago
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