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Misha Larkins [42]
3 years ago
9

The following statement(s) regarding Utility Functions is/are true: Utility Functions are usually a function of wages. Utility i

ncreases at a decreasing rate. The Utility Function chosen does not matter. They will all yield the same result.
Business
1 answer:
jonny [76]3 years ago
7 0

Answer:

Utility increases at a decreasing rate.

Explanation:

Utility is the total satisfaction derived from consumptjon.

The utility function measures the total satisfaction derived from consumptjon.

Utility increases at a decreasing rate.

This can be illustrated with an example.

Imagine I am coming from a desert with no access to drinking water. I am very thirsty. The satisfaction I would derive from the first cup of water would be the highest. After my first cup, the utility I would derive from other cups would be diminishing.

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You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently Janua
Natali5045456 [20]

The yield to maturity for the bond issued by Xenon, Inc. is 7.62%.

<h3>What is the yield to maturity for the bond issued by Xenon, Inc.?</h3>

The yield to maturity of a bond is the total return that would be earned if a bond is held to maturity.

The yield to maturity can be determined using a financial calculator:

  • Coupon = 7.1% = 0.071 x 2000 = $142
  • Number of years = 2042 - 2019 = 23
  • Price =0. 94387 x 2000 = 1,887.74
  • Full price = 2000

YTM = 7.62%

To learn more about yield to maturity, please check: brainly.com/question/5506528

5 0
2 years ago
Which of the following statements BEST describes the typical target market?a. A target market will remain stable over time, with
tino4ka555 [31]

Answer:

b) target markets change over time as consumers drop in or out of the market, and as tastes change.

Explanation:

A target market refers to the customers around whom the marketing efforts are made. These customers are the available market for the business to extend their service to. Such customers possess characteristics similar to each other and are assumed to provide their support to the company. The company too finds the services provided to these customers to be the most profitable area.

5 0
3 years ago
In a guaranty​ situation, the​ _____ contract is between the person who agrees to pay the debt if the primary debtor does not an
Natali5045456 [20]
<span>In a guaranty​ situation, the​ guaranty contract is between the person who agrees to pay the debt if the primary debtor does not and the original creditor.

The guaranty contract outlines the role of the </span>people in the agreement. It shows the lender to borrow agreement and obligation. This agreement serves as a document to make sure the lender has proof in value to get something in return from lending the money. 
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4 years ago
Identify four negative effects of economic growth on society/the environment.
stiv31 [10]

Negative effects of Economic Growth on Society/ The Environment - Noise pollution and lower air quality arising from air pollution and road congestion.

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3 years ago
Mark is facing a crucial deadline. The work is more than he can handle in the amount of time, but he has not told his manager. H
murzikaleks [220]

When Mark does not think his manager will assign any more resources to the project, he's exhibiting the barrier of reluctance.

<h3>Who is a manager?</h3>

A manager simply means an individual who controls the team and ensures that the goals of the organization are achieved.

In this case, Mark does not think his manager will assign any more resources to the project, he's exhibiting the barrier of reluctance. This is a communication barrier.

Learn more about managers on:

brainly.com/question/24553900

6 0
2 years ago
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