The benefit that john gets from eating an additional grape is called the marginal utility of the grape
Marginal utility is the added satisfaction that a consumer gets from having one more unit of a good or service. The concept of marginal utility is used by economists to determine how much of an item consumers are willing to purchase.
The main types of marginal utility include positive marginal utility, zero marginal utility, and negative marginal utility. Consumers often experience higher marginal utility when marginal cost is lower. In this case the extra grape consumed is the added satisfaction that is experienced by john.The positive marginal utility indicates that every unit of goods or services consumed will increase the overall utility level.
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Answer:
Explanation: The 5 P's of Marketing – Product, Price, Promotion, Place, and People – are key marketing elements used to position a business strategically.
Answer:
Investors’ outlook for the firm has improved.
Explanation:
Computation of Market price.
MPS = PE ratio × EPS
⇒ MPS (Previous) = $1.20 × 15
⇒ MPS (Previous) = $18
⇒ MPS (Current) = $1.20 × 18
⇒ MPS (Current) = $21.60
So, we say that the market price has increased.
Investors’ outlook for the firm has improved.
Answer: The answer is <u>D. A companys Stock</u>
Explanation: Just got it correct on Edg
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Answer:
Acceptance
Explanation:
Since in the situation it is given that Jamie renting a ranch for a years to Montana but she is ready for change of scenery. also she dont want to end the contract entirely so instead of ending the contract she asked the same to his brother. His brother agrees to the contract so here the given situation represent an example of an acceptance as he is ready and responsible to the terms of the contract
