Answer:
The correct answer is letter "E": diminishing marginal utility.
Explanation:
The Law of Diminishing Marginal Utility states that the more you use a good or service, the less pleased you will be with each use or use that follows. The law of diminishing utility is a key principle in assessing consumer preferences. This assumes consumers are rational and spend money in such a way as to maximize their contentment with each subsequent unit without impacting their overall enjoyment negatively.
The thing which the Supreme Court ruled in <em>Burwell v. Hobby Lobby </em>with regard to the Affordable Care Act's requirement was:
- Birth control could be denied
<h3>What is a Court Ruling?</h3>
This refers to the general decision which a competent law court has taken after deliberations of the evidence, witnesses and other available information of a case to the best determination of the judge.
With this in mind, we can see that from the Burwell v. Hobby Lobby case, there was a ruling against birth control access which meant that birth control could be denied to employees and this was with regard to the Affordable Care Act's requirement.
Read more about court rulings here:
brainly.com/question/17040608
Answer:
By comparing the Z-values both are below the average salary in their firms but Devon is even lower as as 1.60 below the mean
Carlon has a better comparative salary as is 1.25 points below the mean
Explanation:
we have to normalize each distribution to know the Z-values for Carlos and Devon:
<u>Carlos:</u>
(42,000 - 52,000)/8,000 =-1.25
<u>Devon:</u>
(40,000-48,000)/5,000 = -1.60
Answer:
Amount to pay by PAP = $39,600
Explanation:
The liability limits of $20,000/$40,000/$20,000 implies that the highest amount PAP will pay for driver's injuries is $20,000, while the highest to pay for the first of two passenger is $40,000 and $20,000 for second passenger.
Since the a passenger received injuries worth $12,500, and another passenger received injuries of $7,100, the PAP will the actual amount and $20,000 for the driver's injuries. The total can therefore be calculated as follows:
Amount to pay by PAP = $20,000 + $12,500 + $7,100 = $39,600
Answer:
C. the period of time in which at least one factor of production is fixed.
Explanation:
- The short-run is a condition, were some controls and market are not in fair equilibrium, some factors like the variables and other that are foxed have limited entry or exit to the industry.
- In the macroeconomics a long run is a time when the general price, and contractual wage rates, along with the expectations are adjusted entirely to the states of the economy. and this contrast to the short-run where the variable is not fully fixed or adjusted.
- <u>The short-run for a firm will increase the production of the marginal costs is less than the marginal revenue. The transition from the short to the long-run market equilibrium may be done on considering the supply and demands.</u>
