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Zanzabum
2 years ago
7

Which best describes the relationship between total utility and marginal utility?.

Business
1 answer:
vesna_86 [32]2 years ago
6 0

The correct answer is: Total utility rises first but the begins a sudden fall when the marginal utility points toward the negative while Marginal utility falls when each unit is purchased.

<h3>What is utility?</h3>

Utility is a form or state of being profitable or beneficial. It shows the usefulness of the item to an individual.

Marginal utility is the addition made to total utility while total utility is the aggregate of all utility that is derived by the consumption of all commodities.

Learn more about Utility here:

brainly.com/question/20659068

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Tektron Industries has beginning and ending raw materials inventories of $32,000 and $40,000, respectively. Direct materials use
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Answer:

D$138,000

Explanation:

We know that

Direct material used = Beginning balance of raw material inventory +  purchase made during the year - ending balance of raw material inventory

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$130,000 = -$8,000 + purchase made during the year

So, purchase would be

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3 years ago
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Answer

The various reasons for <em>ups</em> to invest in networking technology can be: <u>to raise its profile as a company, to increase its reliable connections, to boost growth through creating positive influence, to open new opportunities and to generate referrals</u>

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How is Comparative Advantage
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