<span>Purchasing something that you already have enough of leads to decreasing marginal utility. This rule influences individuals to spend their money across a variety of consumable goods and services rather than concentrate all of their spending in one area, such as vehicles, food or clothing. When a person spends their money purchasing products or services beyond their immediate needs, then they will enjoy the spending power of their money much less.</span>
Answer:
The answer is option E) The new-product idea is at the last stage of the development process.
Explanation:
The are several stages in the development of a new product idea. Beginning with initial idea generation all the way to the final evaluation stage.
The new prototype riding lawnmower especially for women designed by Wayne Industries is at the last stage of the development process.
The last stage of the development process also known as the Evaluation phase is characterized by:
- Presenting the marketing strategy developed for the product.
- ensuring that the product meets all the CPSC product specifications and leaves little chance for any product liability issues.
Answer:
Dividend per share $ 2.16
Explanation:
Return = Dividend yield + Capital gains yield = 0.08
Dividend yield = Capital gains yield
Div yield 0.08 / 2 = 0.04
Next year dividend:
share Price x dividend yield
$ 55 x 0.04 = $2.2
<u>Current dividend:</u>
We remove the grow factor from next year dividend:
2.2 / (1+0.04) = 2,11538
Answer:C
Explanation: this quantity is allocatively inefficient because the marginal cost of producing the last lawnmower exceeds the marginal benefit to consumers.
Explanation:
1. The journal entry is as follows:
On March 1
Prepaid insurance A/c Dr $36,000
To Cash A/c $36,000
(Being the prepaid insurance is recorded for cash)
For recording the advance purchase of insurance, we debited the prepaid insurance and credited the cash account. Both the accounts are recorded at $36,000 so that the proper posting could be done.
