Answer:
24
Step-by-step explanation:
Tanner has <u>6 points</u> so T = 6
Zach has <u>four times as many</u> so Z = 4T
4 * T
= 4 * 6
which is 24.
<span>-1/11 + 5/11
= 5/11 - 1/11
= 4/11
Answer
</span><span>4/11</span>
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:
the answer is D
Step-by-step explanation:
If a company has five employees with annual salaries of $60,000, $70,000, $60,000, $90,000, and $80,000, respectively, what is t
Vanyuwa [196]
well to find the mean you add up all the numbers then divide by the ammount of numbers so it would be 60,000+70,000+60,000+90,000+80,000=360,000 then you divide that by 5 and you end up with 72,000
