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ioda
3 years ago
11

Along the indifference curve A. total utility is constant. B. marginal utility is constant. C. total utility decreases at a decr

easing rate. D. marginal utility falls.
Business
1 answer:
nalin [4]3 years ago
5 0

Answer:

The correct option is A

Explanation:

The indifference curve is the curve which is stated on graph and states or shows the combination or union of two goods that provide or give the consumer equal amount of satisfaction as well as utility. Every point on the curve states that customer is indifferent among the two and all the points provide the same utility.

Total utility is defined as the aggregate satisfaction which the customer received from consuming the given aggregate utility of the good or service.

So, along the indifference curve, the total utility is also constant as both provide the same satisfaction to the customer.

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3. Breakdown of a cartel agreement
Anni [7]
Go watch tv homeboy because math is super super hard
3 0
4 years ago
Read the argument below and determine the underlying principle that was used to come to the conclusion presented: A free college
malfutka [58]

Answer:

1. The underlying principle is

to create the best-educated workforce in the world.

2. The argument that uses the same underlying principle as the argument  1 above is:

b. Children should get free dental care because it will help prevent more serious issues later on and reduces future healthcare costs.

Explanation:

The underlying principle is a general rule which can be applied to different situations.  It shows the reason for doing something or embarking on a program.  For example, to offer free college education for every U.S. citizen, the underlying principle is to "create the best-educated workforce in the world."

7 0
3 years ago
Equipment purchased for $85,000 on January 1, 2010, was sold on July 1, 2013 for $30,000. The company uses the straight-line met
gregori [183]

Answer:

B) $59,500

Explanation:

The equipment was purchased for 85,000 and has no salvage value which means that all 85,000 will be depreciated over it lifetime. It has a life of 5 years and because it uses straight line method it means that it will depreciate equally each year. The equipment is bought on JAN 1 2010 and sold on July 1 2013 which means that the equipment is used for 3.5 years and in order to find its depreciation we will divide 3.5 by 5 and multiply it by 85,000.

3.5/5*85,000=59,500

4 0
3 years ago
A management perspective that emerged after World War II and applied mathematics, statistics, and other quantitative techniques
Firdavs [7]

A Management Science Perspective is a management perspective that originated after World War II and used mathematics, statistics, and other quantitative tools to managing challenges.

Management science, often known as mathematical or quantitative measurement, sees management as a logical entity whose actions may be described in terms of mathematical symbols, connections, and measurement data.

The mathematical model is the key emphasis of this technique. This device may represent management and other challenges in fundamental relationships, and if a specific goal is sought, the model can be expressed in terms that optimize that goal. This method borrows heavily from decision theory and, in fact, provides several ways for rational decision-making.

Therefore, the answer is management science perspective.

To know more about management science perspective click here:

brainly.com/question/13191706

#SPJ4

5 0
2 years ago
The broccoli market is perfectly competitive. This means that the price of broccoli is ________ than the price would be if the m
LiRa [457]

Answer:

Price is lower than ; Quantity is higher than Monopolistic Competition

Explanation:

Perfect Competition is a market form with many buyers & sellers, selling homogeneous products at constant prices. Having uniform prices, It has perfectly elastic horizontal demand (Average Revenue) curve, ie = Marginal Revenue curve. Equilibrium price is where MR = MC ; So price = MC. This leads to optimal quantity supplied in market

Monopolistically competitive is market form having many sellers, selling slightly differentiated products, at different prices. Their demand curve (AR curve) is usually downward sloping, lies above the MR curve. Market equilibrium quantity is determined at MR = MC. The corresponding price is determine as per higher demand (AR) curve. Price > MC implies less than optimal quantity supplied in markets

Hence : Broccoli would be lower priced & higher supplied in case of perfect competition market, relatively higher priced  & less supplied in case of monopolistic competition market.

7 0
3 years ago
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