The marginal utility of the third Pepsi is 8 units of utility
Explanation:
Marginal utility attempts to measure the additionally fulfilled use of extra products or services by a customer.
Economists use the idea of marginal demand to assess how much a individual good is likely to pay.
The complete utility of that first two Pepsi is equal to 30(= 18 + 12).
Thus, the marginal value of the third Pepsi is equal to 8 (= 38-30).
Answer:
The answer is $801,900
Explanation:
Cash received from customers is a line item under operating activities in the cash flow. It is the total amount of money collected from customers for the period.
Cash received from customers equals sales plus decrease in accounts receivable.
Sales = $753,500
Decrease in accounts receivable = $48,400.
Therefore, Cash received from customers = $753,500 + $48,400
$801,900
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