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2 years ago

What term is best described as the additional satisfaction gained from purchasing a good given the price of the product?.

1 answer:

4 0

Please note that the term marginal utility is used to describe the additional benefit or utility gained by a consumer from purchasing and using an additional unit of a product or service.

<h3>What is Marginal Utility used for?</h3>

In social science - economics, Marginal Utility is used to calculate how much of an item or service a consumer will be ready or willing to purchase.

It aids the economist to determine consumer behavior in relation to the way a person would spend their income on various goods in order to gain the most benefit possible.

See the link below for more about Marginal Utility:
brainly.com/question/15050855

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James Corporation is planning to issue bonds with a face value of $505,500 and a coupon rate of 6 percent. The bonds mature in 7

mart [117]

Answer:

4%=$566,697.09

6%=$505,500

8.5%=$ 439,842.50

Explanation:

The issue price of the bond can be computed using the pv formula in excel spreadsheet as below:

=-pv(rate,nper,pmt,fv)

the rate is the market of 4% divided by 2

nper is the number of semiannual interest the bonds would pay which is 7 years multiplied by 2 i.e 14

pmt is the semiannual coupon interest on the bond,which is $505,500*6%*6/12=$15165

fv is the face value repayable on redemption which is $505,500

for market rate of 4%

=-pv(2%,14,15165 ,505500)=$566,697.09

for market rate of 6%

=-pv(3%,14,15165 ,505500)=$ 505,500.00

for market interest of 8.5%

=-pv(4.25%,14,15165 ,505500)=$ 439,842.50

5 0

3 years ago

Document that prohibits sharing information with anyone else?

mamaluj [8]

Answer:

RODO (GDPR) – Rozporządzenie o Ochronie Danych Osobowych.

Explanation:

Celem regulacji jest zapewnienie swobodnego przepływu danych osobowy ch pomiędzy państwami członkowskimi, ale także wprowadzenie zasad, zgodnie z którymi przetwarzanie danych osobowych będzie ujednolicone na terenie cał.ej Unii Europejs..kiej

7 0

3 years ago

Potential GDP is:

Eva8 [605]

Answer:

b. maximum amount of output that can be produced given the labor force, capital stock, and technology.

Explanation:

GDP refers to the gross domestic product which reflects the finalized value of the goods and services produced domestically

On the other side, the potential GDP refers to the maximum level of output that can be produced by considering the labor force, capital stock, technology by taking the constant inflation rate

Therefore option b is correct

7 0

3 years ago

The classification and normal balance of the drawing account are a.expense, debit balance b.expense, credit balance c.liability,

Elis [28]

Answer:

The answer is D. owner's equity, debit balance

Explanation:

Drawing is the money or goods taken out from business by its owner. This act is usually common in partnership or sole proprietorship.

A drawing is not an expense, rather it is a reduction in owner's equity.

To credit owner's equity means to increase its equity and to debit owner's equity means to decrease or reduce its equity.

Since, drawing is a reduction in owner's equity, we debit owner's equity making option D. the correct answer.

Option A and B are wrong because drawings are not classified as an expense.

Option C is also wrong because a drawing is never a liability.

7 0

3 years ago

On January 1, 2020, a county government sends out property tax bills in the amount of $100,000,000. Of this amount, $15,000,000

Lesechka [4]

Answer:

B. $12,000,000

Explanation:

Hi there!

At the beginning of 2020 we estimate the credits that will be uncollectible and constitute the allowance for uncollectible.

<u>The journal entry:</u>

Debit Credit

Bad debts expense $15,000,000

Allowance for uncollectible account $15,000,000

During the year $88,000,000 was collected and part of the forecast must be reversed since it was overestimated (remember that it was estimated to collect $85,000,000 from the $ 100,000,000)

<u>The jorunal entry:</u>

Debit Credit

Allowance for uncollectible account $3,000,000

Bad debts expense $3,000,000

Allowance for uncollectible account ledger, December 31 2020

<h3><u>Allowance for uncollectible acc</u><u>ou</u><u>nt </u></h3>

Debit Credit

$15,000,000

$12,000,000

4 0

3 years ago