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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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If shuebke's review was conducted in good faith and conformed to generally accepted accounting principles, can superior hold shu

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This involves bookkeeper obligation, carelessness – or neglecting to distinguish material oversights, and the treatment of bookkeepers acting in compliance with common decency and following the sound accounting standards. The essential inquiry is regardless of whether Shuebke can be held subject expecting she had acted in compliance with common decency and adjusted to the sound accounting standards. To start, sound accounting standards can be characterized as the traditions, guidelines, and methodology used to depict what the worthy bookkeeping standards are at a particular time. They likewise diagram the level of aptitude expected of bookkeepers and the level of care that they should practice in playing out their administrations.

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3 years ago

The following data pertain to an investment proposal: Required investment $75,000 Annual cash savings $18,000 Projected life of

ehidna [41]

Answer:

Explanation:

Using a financial calculator, input the following using CF function;

Initial Investment ; CF0 = -75,000

Yr1 cashflow ; C01 = 18,000

Yr2 cashflow ; C02 = 18,000

Yr3 cashflow ; C03 = 18,000

Yr4 cashflow ; C04= 18,000

Yr5 cashflow ; C05 = 18,000

Yr6 cashflow ; C06 = 18,000

Yr7 cashflow ; C07 = 18,000

Yr8 cashflow ; C08 = 18,000 +4,000 = 22,000

Required rate of return = 16%

then compute Net present value by keying in NPV, CPT = $4,404.74

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3 years ago

Becoming a manager means a profound transformation in the way people think of themselves, called personal , which includes letti

gregori [183]

The correct answer that will complete the sentence above after the word, personal is identity. It is because it is true that personal identity is the one responsible for an individual to let go of the attitudes that he or she holds deeply in a way of making way for another attitude that he or she will learn and that is new in his or her environment.

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3 years ago

How does a payroll accountant use the information in the General Ledger? (You may select more than one answer. The account balan

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Answer: General Leger account balances aggregate data to determine payroll costs .

The account balances form the basis for accounting reports.

Explanation: a General ledger is defined as the central accounting record of a company or organization consisting of the accounts that support the value items shown in the major financial statements.

The general ledger provides information of accounting reports which in turn is used to balance aggregate data to determine payroll costs .

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3 years ago

Asteroid Industries accumulated the following cost information for the year: Direct materials $16,000 Indirect materials 4,000 I

Serhud [2]

Answer:

The answer would be $53000.

Explanation:

In simplest words, factory overhead costs or manufacturing overhead costs are the total amount of costs associated with the making of the product or on other factory tasks.

Total manufacturing cost is found by adding all the cost of direct materials, direct labor and overheads. It is shown as below:

Total Overhead Cost = Direct materials + Direct Labor + Overheads

Here direct materials are $16000

Direct Labor = $37000

There are no overheads costs given, so overhead costs will be = 0

Now substituting the values in the formula, we get the following:

Total Overhead cost = 16000+37000+0= $53000

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3 years ago