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iragen [17]
3 years ago
8

You go to an all-you-can-eat buffet. if you maximize utility, the marginal utility of the last bite that you eat will be:

Business
1 answer:
DENIUS [597]3 years ago
4 0
In economics, there is what we call "Law of Diminishing Marginal Utility". This law can be applied when you maximize the satisfaction with every product you buy. In this case, with every bite you get you get the most of it. As a result, your appetite gets less and less with every more bite that you take. Therefore, the last bite would have the least value of marginal utility.
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ANTONII [103]

Answer:

Needs : Frappuccino before work each day and winter coat

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Saving: rent on your apartment

8 0
2 years ago
All else being equal, decreasing sample size will
Tom [10]

Answer:

multiply by 3

Explanation:

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7 0
2 years ago
John, an American executive, learns that a foreign subsidiary hired a 12-year-old orphan girl to work on the factory floor. He k
tino4ka555 [31]

Answer: An ethical dilemma

Explanation:

An ethical dilemma is a situation where an individual is faced with making a decision between two options where if any option is chosen the individual might act against his/her moral principle. Like in the question, John is faced with the option of either complaining about child labor and then the child losses his/her source of income or allowing things to be as they already are.

4 0
3 years ago
Read 2 more answers
ay-Zee Company makes an in-car navigation system. Next year, Jay-Zee plans to sell 23,000 units at a price of $350 each. Product
Fittoniya [83]

Answer:

$21

Explanation:

The computation of the sales commission per unit sold is shown below:

= Selling price per unit × sales commission percentage

= $350 × 6%

= $21

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All other information is not relevant. Hence, ignored it

3 0
3 years ago
An investor in the 32% tax bracket is considering two investment options of equal risk: a corporate bond that yields 8.25% and a
Gala2k [10]

Answer: Corporate bond

Explanation:

It should be noted that the municipal bond aren't taxable. Therefore, its yield will be 4.75%.

On the other hand, the After Tax Cost of the yield of the corporate bond will be:

= Yield × (1-Tax Rate)

= 8.25% × (1-35%)

= 8.25% × 65%

= 5.36%

Therefore, the Corporate Bond should be chosen since it has a higher yield.

7 0
3 years ago
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