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Vera_Pavlovna [14]
3 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]3 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.

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As they apply to business conduct and business decisions, ethical principles:__________ 1. deal chiefly with the behaviors that
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3. are not materially different from ethical principles in general.

Explanation:

As they apply to business conduct and business decisions, ethical principles are not materially different from ethical principles in general.

In other words, in business conduct and decision making ethical principles are the same.

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Franchising

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Suppose that consumers' incomes increased, such that more video games were demanded at each price level. After the increase in d
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Jason's mom specifically asked for a CIP cast iron pan for her birthday. As Jason scanned the stock in two department stores, he
Alika [10]

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3 0
3 years ago
Suppose the real rate is 2.1 percent and the inflation rate is 3.4 percent. What rate would you expect to see on a Treasury bill
8090 [49]

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5.57%

Explanation:

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The inflation rate is 3.4 percent

To find the rate which is to be expected on a treasury bill we have to apply the fishers equation

1+R= (1+r)(1+h)

Therefore, the rate on the treasury bill can be calculated as follows

1+R= (1+r)(1+h)

r= 2.1%

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Hence the rate expected on the treasury bill is 5.57%

8 0
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