f 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 is Select one: a. 25 utility units. b. 20 utility units. c. 5 utility units. d. unknown as more information is needed to determine the answer. Previous page
Answers
Answer:
correct option is c. 5 utility units
Explanation:
given data
receives 20 units = consuming 2 candy
receives 25 units = consuming 3 candy
to find out
Marginal utility
solution
we know that Marginal utility of 3rd candy bar is express as
Marginal utility = .........1
put here value
Marginal utility =
Marginal utility = 5 unit
so correct option is c. 5 utility units
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Answer:
The answer is: A) Portfolio analysis
Explanation:
Portfolio analysis: Analysis of the company´s product mix carried out to identify the best way to allocate the company´s resources in order to maximize profits. The two most common measures used in this type of analysis are market growth rate and relative market share.
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Answer:
The right answer to this question is option D. Take marketing actions
Explanation:
Based on the explanation given in the question, it is clear that all other stages involved in making marketing decisions have been followed, and the process of effecting the decision made in the previous stages is Taking marketing actions.
Hence option D. Take marketing actions is the right answer
Answer:
D) take marketing actions
Explanation:
Marketing researchers are taking marketing actions because they are recommending that Watch needs to be replaced by two magazines, one for boys and another for girls. This is the final and most important step in the marketing research analysis because you finally know what you need to do to improve your product or increase your sales, so now it is time to start working and do it.
B. The members of the FRS created a central bank to fund and manage government spending, which further hurt the economy
C. The FRS did not work well because the 12 regional banks each acted independently
D. The FRS revised its monetary policy so that only the President could set the national discount rate, providing relief to banks
I am not sure between B and C
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Answers
When presenting a business plan to a group of potential investors, you must expect questions to be thrown at you. You have to respond to those questions in a non-aggressive and professional manner. Here are some tips.
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Answers
Answer:
B. causes firms to change prices more frequently and makes relative prices more variable.
Explanation:
Very high inflation causes the so-called menu costs to rise. Menu costs are called that because they refer to the costs a firm incurrs (for example, a restaurant) when chaning its menus or bills in order to reflect the new prices.
Very high inflation or hyperinflation makes economic activity extremely difficult, and prices volatile. In extreme cases, economic calculation can become almost impossible, and people either drop the currency for another, or even resort to barter.
Answers
I believe the answer is: Personal loans offer lump sums of money, while credit cards set a maximum amount a person can borrow
In personal loan, the amount of loan and interest rate that the borrower have to pay would stay the same regardless if that borrower use the money or not.
In Credit card, the borrower only required to pay the amount that they use plus interest rate.
The credit card requires no collateral but in case of personal loan, banks asks for some collateral.
In personal loans, a huge amount is given on loan but credit card has a certain fixed limit.
Further Explanation:
Personal loan and a credit card:
The personal loan is taken for personal purposes, and the amount given for the loan is much greater than the credit card limit.
In personal loan, the interest rate and the principle amount paid is the same, whether the money is being used or not. But in the case of credit card, only the amount used by the cardholder has to be paid with the interest rate.
The major difference between the personal loan and the credit card is the collateral. In personal loans, the bank gives the loan on the basis of collateral but in the case of credit card, there is no requirement of the collateral. And collateral is asked by the bank which is a kind of security in case the loan is not repaid by the person who has taken the loan. His or her collateral will be seized by the bank.
Learn More:
1. Credit card
2. Interest value
3. Credit card
Answer Details:
Grade: High school
Chapter: Loans
Subject: Business studies
Keywords:
Which describes the difference between a personal loan and a credit card, in personal loan, the amount is huge than the credit card, credit card has a certain limit. Credit card requires no collateral but in the personal loan, the bank asks for the collateral.