If a consumer receives 20 units of utility from consuming two candy bars, and 25 units of utility from consuming three candy bars, the marginal utility of the third candy bar isa) 25 utility units. b) 20 utility units. c) 5 utility units. d) unknown as more information is needed to determine the answer.
Answers: 3
Another question on Business
Business, 21.06.2019 23:30
Martha is the head of the accounts department in a small manufacturing company. the company follows the accrual-basis method of accounting. it recently purchased raw materials worth $5,000 from its vendors. however, the company paid only $3,000 to its vendors. it plans to pay the remaining amount after three months. considering this information, which entry should martha record in the company’s accounts? a. $5,000 as accounts receivable b. $3,000 as accounts payable c. $2,000 as accounts payable d. $2,000 as accounts receivable
Answers: 3
Business, 22.06.2019 02:50
Acompany set up a petty cash fund with $800. the disbursements are as follows: office supplies $300 shipping $50 postage $30 delivery expense $350 to create the fund, which account should be credited? a. postage b. cash at bank c. supplies d. petty cash
Answers: 2
Business, 22.06.2019 05:30
Financial information that is capable of making a difference in a decision is
Answers: 3
Business, 22.06.2019 20:40
Which one of the following statements is correct? process costing systems use periodic inventory systems. process costing systems assign costs to departments or processes for a time period. companies that produce many different products or services are more likely to use process costing systems. production is continuous when a job-order costing is used to ensure that adequate quantities are on hand.
Answers: 2
You know the right answer?
If a consumer receives 20 units of utility from consuming two candy bars, and 25 units of utility fr...
Questions
Mathematics, 11.02.2021 01:10
Mathematics, 11.02.2021 01:10
Mathematics, 11.02.2021 01:10
Biology, 11.02.2021 01:10
English, 11.02.2021 01:10
Mathematics, 11.02.2021 01:10
Computers and Technology, 11.02.2021 01:10
Mathematics, 11.02.2021 01:10
Mathematics, 11.02.2021 01:10
Mathematics, 11.02.2021 01:10
Mathematics, 11.02.2021 01:10
