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ss7ja [257]
2 years ago
13

In terms of microeconomic analysis, what is the function of utils?.

Business
1 answer:
makvit [3.9K]2 years ago
7 0

Answer:  a measurement of utility

Explanation:

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Clarence is purchasing a $142,000 home with a 15-year mortgage. He will
Dominik [7]

Answer:

prime mortgage insurance (PMI) is an insurance that mortgage lenders require when borrowers make a down payment of less than 20% of the purchase price of the house.

We are not given any table, so I looked in the internet to find one that can be used as an example:

outstanding principal = $142,000 - 17% = $117,860

  • mortgage term equal or less than 15 years
  • base loan amount is less than $625,000
  • loan to value ratio = 1 - down payment = 83%, which means it is ≤ 90%
  • bps = 45

total yearly premium = principal x bps = $117,860 x 0.0045 = $530.47

monthly PMI payment = $530.47 / 12 months = $44.20

8 0
3 years ago
The ceo of big wheel automotive is concerned about declining sales. he has identified his research problem as the fact that his
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The CEO of Big Wheel Automotive is using market research organizations for secondary data about the research problem that he is experiencing. The market research is a way of having to gather information in which is helpful for an organization or business in order to improve their own and a way of having to target their consumers.

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3 years ago
The steeper an isoquant is ​(labor measured on the horizontal axis​): A. the greater is the level of output. B. the greater is t
Volgvan

Answer:

C. the greater is the marginal productivity of labor relative to that of capital

Explanation:

An isoquant is a curve that shows all the combinations of inputs that yield the same level of output.

When adding one factor holding the other factor constant inevitably, leads to lower output levels, the isoquant must become steeper, as more capital is added instead of labour, and flatter when labour is added instead of capital. Returns to capital even decline.

8 0
3 years ago
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Every 10 years, the federal government sponsors a national survey of health and health practices (nhanes). one question in the s
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The scale of measurement used here is an ordinal scale.

Ordinal scales ask participants to rate things like satisfaction, happiness, comfort. etc. The important thing to remember about this scale is that the order of the values matter the most. For example: we know that a 5 is better than a 1, but we are unsure of exactly how much better. This difference cannot be quantified or measured exactly. An easy way to remember this one is that ordinal sounds like "order" and that is what this measure is used for- putting things in order.

The most common form of ordinal measures is the Likert Scale. The question is an illustration of a Likert Scale.

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4 years ago
What is harder life without math or life without science.
vampirchik [111]
Life without math cause math helps science out ,bills and taxes just calculating things overall involves math into it
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3 years ago
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