1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vera_Pavlovna [14]
2 years ago
5

Marginal utility is the change in total utility obtained by consuming one more unit of a good. B) change in total utility obtain

ed by consuming another unit of a good divided by the change in the price of that good. C) sensitivity of consumer purchases of a good to changes in the price of that good. D) total utility associated with the consumption of a certain number of units of a good divided by the number of units consumed.
Business
1 answer:
Virty [35]2 years ago
8 0

Answer:

Marginal utility is the change in total utility obtained by consuming one more unit of a good.

Explanation:

Marginal utility quantifies the added satisfaction that a consumer garners from consuming additional units of goods or services. The concept of marginal utility is used by economists to determine how much of an item consumers are willing to purchase.

You might be interested in
For an airline, which of the following would not be an operational budget? A cash receipts budget of flying consumers. A budget
katrin [286]

Answer:

A cash receipts budget of flying consumers.

Explanation:

Operational budget is defines as all the profits and expenses a business realises as a result of planning it's operations.

Usually an operational budget is set before activities begin, and is a target to be achieved.

For an airline cash receipts of flying customers is not a revenue realised as a result of planning operations, so this is the correct answer.

However a fuel budget, material budget for parts, and labour budget for flight crew are operational budgets.

4 0
3 years ago
Read 2 more answers
In the Keynesian-cross model, actual expenditures differ from planned expenditures by the amount of:
dmitriy555 [2]

Answer: Option (c) is correct.

Explanation:

Correct option: Unplanned inventory investment.

Unplanned inventory investment is a component of investment spending. The other component of investment spending is planned inventory investment.

Unplanned inventory investment occurs when actual sales are more or less than the company's expected sales which results in unplanned changes occurred in the inventories.

Hence, in the Keynesian-cross model, actual expenditures differ from planned expenditures by the amount of Unplanned inventory investment.

5 0
2 years ago
With respect to the consumer buying process, __________ is perhaps the most important factor that affects the time, effort, and
kupik [55]

Answer:

The Degree of Risk

Explanation:

With respect to the consumer buying process, the degree of risk is perhaps the most important factor that affects the time, effort, and expense dedicated to the search for information. When the higher risk is involved, we spend a lot of time in searching for information either from our external sources or internal sources. When the risk factor is less, then we do not spend much time and effort on searching for information. For example, when we are buying a packet of chips, we do not search information by spending much time and effort. But when we have to buy a car or a laptop, then we spend much time in searching for the information from all of the available sources because bad or wrong decision can cost us more in the case of buying a car or a laptop as compared to the buying of a packet of chips.

8 0
3 years ago
Why do you think coins have been a more desirable form of money than paper currency throughout u.s history?
GrogVix [38]
Hello!!

The metal coins are/were made from is worth more tangibly than the paper that currency notes were written on.

Hope this helps! Thank you!!
6 0
3 years ago
Vivian goes to an auction and sees a rare antique lamp that is an identical match to one she already has. At the proper time she
BigorU [14]

Answer:

B

Explanation:

Any auction is either “with reserve” or “without reserve.” And the answer how an auctioneer handles higher bids rests with the type of auction being conducted.

In a with reserve auction, the auctioneer may refuse a higher bid (reserve the right to refuse …) where in a without reserve auction, any higher bid must be accepted.

Said another way, in a with reserve auction, the auctioneer is not bound to sell to the highest bidder. In essence, the next higher increment represents the minimum bid.

4 0
2 years ago
Other questions:
  • Many financial decisions require the analysis of uneven,or nonconstant: cash flows stock dividends typically increase over time
    7·1 answer
  • What are the portfolio weights for a portfolio that has 138 shares of Stock A that sell for $48 per share and 118 shares of Stoc
    13·1 answer
  • Unemployment compensation is rev: 06_13_2018 Multiple Choice an automatic stabilizer because it rises as income increases, slowi
    9·1 answer
  • Read the following stock quote. How much is this stock worth?
    9·1 answer
  • ____ is the amount of data that can be transferred in a fixed time period.
    5·1 answer
  • Bolka Corporation, a merchandising company, reported the following results for October: Sales $ 433,000 Cost of goods sold (all
    5·1 answer
  • Brand equity is the added value a brand name gives to a product beyond the functional benefits provided. This value has two dist
    12·1 answer
  • 1. At December 1, 2022, Swifty Corporation Accounts Receivable balance was $12770. During December, Swifty had credit sales of $
    14·1 answer
  • A company had total liabilities of $275,000 and the owner’s equity was $1,722,000. According to the fundamental accounting equat
    9·1 answer
  • Why does welsh imply that the authenticity of the dance is brought into question because of global sharing?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!