Diminishing marginal utility means that Group of answer choices beyond a certain point, total utility decreases as income rises. Ralph will enjoy his second hamburger less than his first. the price of two hamburgers is twice the price of one. the total utility from one hamburger exceeds the total utility from two hamburgers.

Highland company produces a lightweight backpack that is popular with college students. standard variable costs relating to a single backpack are given below

The questions of economics address which of the following ? check all that apply

Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $360,000; cash paid for rent, $44,000; cash paid to employees for services rendered during the year, $124,000; cash paid for utilities, $54,000.in addition, you determine that customers owed the company $64,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $2,400 at year-end, and the rent payment was for a two-year period.calculate accrual net income for the year.