Answer:
The correct answer is A. extra satisfaction received from consuming one more unit of a product.
Explanation:
The marginal utility is the utility that we obtain for the consumption of an additional unit of a good or service.
The marginal utility (UM) refers to the concept of "additional" or "extra", it is the utility that is added or added when we consume a unit more than a good or service.
It depends on consumer preferences, which are not always known. However, regardless of its form or level, economists usually agree that it is generally true that as the consumption of an additional unit increases, the profit we obtain is falling. This phenomenon was reflected in the so-called "law of diminishing marginal utility".
Answer: (D) all of the above
Explanation:
Answer:
C. lower, higher
The reason for this is that when growth rates are lower investors will be willing to pay less for the stock is because low growth rate mean that the capital gains will be less as stock price is less likely to increase in the future and dividend growth is also less. Also the DDM model D*(1+G)/1-R shows that mathematically a lower growth rate would mean lower stock price
Also Higher required returns mean that the investor requires higher returns to buy the stock, because he may view the stock as risky and requires higher returns for the risk he is taking or he may have a higher opportunity cost (for eg interest rates may be high) with other investments. Mathematically the DDM model D*(1+G)/R-G shows us that a higher R would mean lower stock price.
Explanation:
Answer:
D. Recognised $13.5 million gross profit on the project in 2021.
Explanation:
Firstly, we will begin by getting how much of the project has been completed
$35 million of the cost has been incurred and a further $83 million left
This means that the total cost would be;
= $35 + $83
= $118
If $35 million of the cost has been incurred, we can find out how far the project is using its proportionality .
= 35/118
= 0.297
= 29.7% of the project has been completed.
The above implies that we can apportion 29.7% of the contract price to 2021.
= 29.7% × $163 million
= $48.411 can be recognised as revenue
The cost till date is $35 and there were no costs in the previous year as this is the first year of the project.
Hence, the gross profit would be;
= $48.411 million - $35 million
= $13.5 million