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Softa [21]
3 years ago
9

When Ian experiences diminishing marginal utility when buying shirts,

Business
1 answer:
serg [7]3 years ago
4 0

Answer:

e. the personal value of each additional shirt he purchases starts to fall.

Explanation:

Diminishing marginal utility means that as the number of goods that you consume increases, the utility received from consuming every additional unit decreases. For example, if you are very thirsty and drink a glass of Coke, the first glass will yield a very high utility. But as you consume more and more Coke, the following glasses will yield lower utility.

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Stewart wants to invest some money that he just inherited. He found that his bank offers a savings account paying a guaranteed 3
Likurg_2 [28]

Answer:

Stewart will probably have to accept a higher level of risk .

Explanation:

Hence, a large-risk investment is one in which the risks of failure, or of losing some or all of the asset, are greater than the average.

  • These opportunities often offer investors the ability for greater returns in exchange for embracing the degree of risk associated with that.
  • In saving account he gets 3% rate of return but also gets a lower rate of risk and does not earn much.

If he invests his money in higher-risk fields like shares, he may get a higher profit.

3 0
3 years ago
ou own a portfolio that has $2,700 invested in Stock A and $3,800 invested in Stock B. Assume the expected returns on these stoc
Butoxors [25]

Answer:

the  expected return on the portfolio is 15.50%

Explanation:

The computation of the expected return on the portfolio is shown below:

Total investment is

= $2,700 + $3,800

= $6,500

Now  

Expected return of portfolio is

= ($2,700 ÷ $6,500) × 12 + ($3,800 ÷ $6,500) × 18

= 4.98% + 10.52%

= 15.50%

Hence, the  expected return on the portfolio is 15.50%

5 0
2 years ago
Mathematics for Business and Finance
Marina CMI [18]

Answer:

Explanation:

Apply first discount to original price

apply next discount to discounted price

etc

8 0
2 years ago
It costs $49 to get basic roadside help from Urgent.ly and Honk versus the typical $200 charged by AAA. If tow-truck operators w
Butoxors [25]

Answer:

work as contractors and must add Urgent.ly and Honk to their insurance policies.

Explanation:

Both Urgent.ly and Honk are apps that help drivers get roadside assistance if they lack roadside coverage either from their insurance company or the car's warranty. Honk also provides features that allow you to pay for parking fees.

Both companies work similarly to Uber or Lyft, since they do not own the tow trucks. The tow trucks are owned and operated by associates that join them.

8 0
3 years ago
With a patent on drug Z27, why would Able Drug Company charge customers $7 per 100 units even though its cost of producing 100 u
Dafna1 [17]
If Able Drug Company already has a patent on a drug called drug Z27, then they have the rights to charge it higher than cost of production. They do this so that they would gain profit from the drug that they have patented and to be able to expand their business more with it.
5 0
2 years ago
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