The law of diminishing marginal utility states that as a
person increases consumption of a good while keeping consumption of other
products persistently then there is a drop in the marginal utility<span> that person descends from consuming each extra unit of
that product. So the answer is letter C.</span>
Answer:
Geoff's target service level is 0.76
Explanation:
Doing so would expand his expense from $0.99 to $1.59 and could very well give him the sustenance he expected to endure the second 50% of his day at the workplace. Obviously, in the event that he completed his cheeseburger and the typical measure of fries, he would essentially discard the additional ones. In any case, on the off chance that he neglected to supersize his request, he would need to take a confection break mid-evening and they weren't actually offering them away in the reprieve room candy machines. He would probably require two pieces of candy, which sold for $0.95 each.
Answer:
For each one percent increase in the interest rate, amount of deposit increases by 11.145%
Explanation:
To obtain the amount rate at which deposit increase per percentage increase in interest rate ;
We obtain the slope Coefficient of the regression equation between the amoub of deposit and interest rate paid.
From the result of the analysis given ;
The slope Coefficient of X, interest rate % is 11.145
Hence, For each one percent increase in the interest rate, amount of deposit increases by 11.145%
Answer:
a. Borrow using short-term notes payable and use the cash to increase inventories.
Explanation:
The formula to compute the current ratio is shown below:
Current ratio = Total Current assets ÷ total current liabilities
where,
The current assets = Cash and cash equivalents + Short-term investments + Accounts and notes receivable + Inventories + Prepaid expenses and other current assets
And, current liabilities would be
= Short-term obligations + Accounts payable
If the current ratio is 0.5 which means that the current asset is 1 and the current liabilities are 2 so the most appropriate option is a.
Answer: B : Trade deficit
If a land of Mercury had total exports of $150billion and total imports of $234billion, it had a "trade deficit".
Explanation:
Trade deficit can be termed an amount by which a country's costs of imports exceeds cost of exports. It is also known as negative balance of trade. Trade deficit is a term of trade that measures international trade.
Trade deficit is obtained by subtracting a country's export from its imports.
Mathematically :
Trade deficit = imports - exports
Trade deficit occurs when a country foreign debt is greater than what it produce for exports. Also when a country depends on another country for refinering their manufactured goods, such country will experience trade deficit.
It can be controlled by promoting constructions of refineries to process products, productions of raw materials for goods, improving exports and limiting imports.
