Answer:
A. Increasing Marginal Utility B. Yes, John will spend
Explanation:
Total Utility is the total satisfaction from all units of consumption
Marginal Utility is additional satisfaction from an additional consumption unit.
Coca Cola TU MU
1 10 10
2 25 15 (25-10)
3 50 25 (25-15)
John's Marginal Utility is increasing each time in succeeding unit over its preceding unit.
b. John having $3, price of a coke = $1: will be willing to spend 1st 2nd & 3rd dollar on coke consumption because - its gainful for him (MU > P) each time.
Answer:
C. division of profits among owners
Explanation:
in partnership only, individuals dont have to pay taxes since each partner files the profits or losses on their personal income tax return.
Answer:
2324
Explanation:
the most important idea that you are trying to convey to your reader? The information in each paragraph must be related to that idea. In other words, your paragraphs should remind your reader that there is a recurrent
Answer:
c. lists the operations, including assembly and inspection, necessary to produce the component with the material specified in the bill of material
Explanation:
A drawing that displays the parts of a machine or a machine unit assembled in their relative working positions is known as an assembly drawing. An assembly drawing should be such that it should satisfy: (1) Manufacturing requirements (2) Operational requirements (3) Maintenance requirements
