Answer:
The correct answer is option C.
Explanation:
The law of diminishing marginal utility means that keeping other things at constant the marginal utility derived from the consumption of a commodity goes on declining with each additional unit of the commodity.
So, the marginal utility from the first unit will be highest, that from second unit will be lesser, that from third even lower and so on.
In the examples given above, Wesly's case is most applicable to this.
So, option C is the correct answer.
Answer:
She is better off by $40,
Please kindly go through the explanation section for rest of the answers.
Explanation:
From the Question,
Grocery saving = 40%
Laptop saving = 2.5%
Absolute saving in grocery = $4
Absolute saving in Laptop =$10
Yes he should sacrifice 20 mins to save $10 since he does the same for less savings
Second case:
Since Ted is depositing money for only 6 months at 10% interest rate, he is giving up half his annual interest of (0.1*750)/2 = $37.5
Third case:
Interest accrued on student loan = 0.07*2000 = $140
Interest on credit card = $75 + (0.07*1500) = $180
She is better off by $40.
Answer:
<u>Validation</u>
Explanation:
The validation process occurs when an organization needs to know the skills and performances of some job seekers. Through a test with selected measures, such as construction measures, content and criteria, it is possible for the company to know and predict if a candidate is able to perform the tasks assigned to the position he is running.
If the total value of goods exported from a nation is less than the total value of goods imported to the nation, the nation is experiencing a Trade deficit.
The difference between imports and exports is known as the trade deficit or negative balance of trade (BOT). A trade deficit develops when an economy spends more on imports than on exports. It can be computed for various commodities and services as well as for cross-border transactions.
The difference between the monetary value of a country's exports and imports over a specific time period is known as the balance of trade deficit, commercial balance, or net exports. A distinction between a trade balance for products and one for services is occasionally drawn.
Learn more about trade deficit here
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Answer:
False
Explanation:
Ethical standards are are set of guiding principles that an organisation communicates to its employees as the expected way to do things.
In reaching beyond our borders it is not true that ethical standards of of its employees must be the same as for workers in the United States.
For example an employee living abroad does not spend his whole housing allowance on getting a place to stay as expected in the United States, but puts it to use on other endeavours.
