Having a negative net worth means the amount of liabilities is larger than assets.
<h3>What is net worth?</h3>
Net worth is the amount by which assets exceed liabilities. In other words, net worth shows the difference between what is owned by one and what one owe.
If the assets exceed liabilities, then it is a positive net worth. Also, if the liabilities are greater than the assets, it is a negative net worth. Net worth would be the amount of cash you would have if you were to sell all of your personal belongings and pay off all the debt
Therefore, having a negative net worth means the amount of one's liabilities is larger than the value of the assets.
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Answer:
b. The Mbuti, Aborigines, Inuits
Explanation:
A traditional economy is an economic model of little complexity, characterized basically by subsistence production. In this model, there are no firms, people produce little and exchange their surplus for the sole purpose of meeting their basic basic needs. There was no profit. The traditional economy can be considered the first known economic system, but to this day it can be observed in underdeveloped rural communities. The traditional economy was the initial model that gave support to the development of more complex models, such as the market economy that we live in today, a complex system in which there are companies and the production of goods and services in bulk for commercialization and profit.
The answer is c) bold. Hope this helps!
Answer:
a. $510.000
b. $22.500 gain
c. $16.785 gain
Explanation:
a. Kevin bought in total 1750 shares, and for it he spent $510.000
So 1 share is $291,43
b. He bought 500 shares 12.12.2018 for $140.000, then he sold those 500 shares for $162.500. Difference is the gain of $22.500
c. Not knowing from which batch of shares did he sell his shares we already know that avg 1 share is $291,43, so 500 share is $145.715 and he has sold 500 shares for 162.500. Difference is the gain of $16.785
Marginal utility<span> is the additional satisfaction a consumer gains from consuming one more unit of a good or service.
so the decreasing in satisfaction from getting goods is (I think) B</span>