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salantis [7]
3 years ago
5

Suppose that the last dollar that Victoria receives as income brings her a marginal utility of 10 utils while the last dollar th

at Fredrick receives as income brings him a marginal utility of 15 utils. If our goal is to maximize the combined total utility of Victoria and Fredrick, we should:
a, Redistribute income from Victoria to Fredrick.
b, Redistribute income from Fredrick to Victoria.
c, Not engage in any redistribution because the current situation already maximizes total utility.
d, None of above.
Business
1 answer:
sammy [17]3 years ago
5 0

Answer:

a, Redistribute income from Victoria to Fredrick.

Explanation:

Marginal Utility is defined as the "change in the utility from an increase in the consumption of that good or service." According to my research on marginal utility, I can say that based on the information provided within the question we should Redistribute income from Victoria to Fredrick in order to maximize the combined total utility.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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Explanation:

The balance of prepaid insurance would be the balance left after 12 months expense has taken from both amounts

Liability policy $36000*6/18=$12000

Crop damage policy $12000*12/24=$6000

Balance of prepaid insurance           $18,000

The balance of $18000 would be left in the prepaid insurance account,whereas the balance damage crop policy account would be enough for the coming year, there is a need for 6 months insurance policy payment in respect of liability policy in the year 2022

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3 years ago
A monopolist does not have a supply curve because the firm's decision about how much to supply is impossible to separate from th
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Gabriel had no idea how consumers would respond to a survey about attitudes toward a program opening up space travel to private
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Space travel to private citizens:

On June 7, 2019, NASA said that beginning in 2020, it intends to start permitting commercial astronauts to go to the International Space Station using the SpaceX Crew Dragon and the Boeing Starliner spacecraft for public astronauts, with a planned daily cost of $35,000 USD.

Three paying clients and a retired NASA astronaut set off for the International Space Station. The trip is the first to visit the space station with only private persons aboard, and it is also the first time NASA has worked with other organizations to coordinate a space tourism visit.

Learn more about space travel to private citizens here:

brainly.com/question/14990057

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4 0
2 years ago
A man in San Rafael County was discovered committing workers' compensation fraud. He had been observed working while at the same
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Answer:

1. Yes

2. - privacy concerns

- may lack full details.

Explanation:

1. In this scenario the automobile auction house would need to show video evidence of his (San Rafael's) fraud activities to the investigator.

2. Privacy concerns such as how the information gotten from video surveillance is used may pose a challenge.

There's also the reality of a lack of full details. For instance, San Rafael may be deaf a disability that cannot be reflected well on a surveillance video that shows him working.

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3 years ago
Michael's, Inc., just paid $1.90 to its shareholders as the annual dividend. Simultaneously, the company announced that future d
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Answer:

$44.18

Explanation:

The price can be easily calculated by the simple formula,

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Hope you understand this simple equation

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