Answer:
Utility's percent Change from 2010 to 2020 = 7%
Step-by-step explanation:
Jobs available at the utility industry in 2010= 428.5 thousand
Average rate of decline = 3 thousand
Years between 2010 and 2020
Utility's percent Change from 2010 to 2020 = Total change in jobs / jobs in 2010 × 100
Total change in jobs:
There are 10 years between 2010 and 2020
Jobs decline at an average of 3 thousand per year
Total change in jobs= 10 years × 3 thousand
= 30 thousand
Utility's percent Change from 2010 to 2020 = Total change in jobs / jobs in 2010 × 100
= 30 thousand / 428.5 thousand × 100
= 0.07 × 100
= 7%
Utility's percent Change from 2010 to 2020 = 7%
Answer:
175 hope this helps
Step-by-step explanation:
Add 72 and 113
then subtract that from 360
Answer: A
Suppose that the last dollar that Victoria receives as income
brings her a marginal utility of 10 utils while the last dollar that
Fredrick receives as income brings him a marginal utility of
15 utils. If our goal is to maximize the combined total utility of
Victoria and Fredrick, we should
a. Redistribute income from Victoria to Frederick
b. Redistribute income from Fredrick to Victoria
c. Not engage in any redistribution because the current situation already maximizes total utility
d. None of the above
Step-by-step explanation:
Marginal utility is the added satisfaction derived from consuming an additional unit of a good or service. In the above question, Fredrick derives more satisfaction from his last dollar than Victoria, and will therefore achieve a higher marginal utility with additional income than Victoria does with her current income. If we want to maximize the combined utility, we should redistribute income from Victoria to Fredrick.
The logic behind this is the diminishing marginal utility. The first unit of a good consumed gives the highest level of satisfaction, marginal utility reduces with additional units consumed. In the same way, when we spend our income, we purchase the things that give us the maximum satisfaction first.
.
Answer: Let x = amount Linda spent.
x=y-$18
Step-by-step explanation:
Complete question :
A bookstore manager marks down the price of older hardcover books, which originally sell for b dollars, by 52%.
a. Write the markdown as a decimal. b. Write an expression for the sale price of the hardcover book.
Answer:
0.52 ; 0.52b
Step-by-step explanation:
The markdown percentage = 52%
Expresaing markdown as a decimal :
52% = 52 / 100 = 0.52
Expression for the sale price of hardcover book:
Original price = b
Price was marked down by 0.52
Hence, sales price becomes ;
Original price * markdown
b * 0.52
0.52b
