What feature of demand curves is explained by the law of diminishing marginal utility.

Answers

Answer 1

Law of diminishing marginal utility explains about the slopes of demand curves.

As the amount of an item with a consumer increases, the marginal value of the goods to him expressed in terms of money declines, and the marginal advantage of utilising each more unit of that product within a given period also declines.

The Idea of declining prices is intimately related to the law of diminishing marginal utility. As a product’s usage rises, its utility declines. As it may turn completely unfavourable to consume another unit of any product, the marginal utility may go below zero and turn into negative utility. Because of this, the initial unit of consumption of any goods is usually the most valuable, and subsequent units of consumption carry decreasing amounts of value.

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Related Questions

yo brainly why u give me a warning someone really put a s* meme and they didn't get a warning but when I put a picture of a drawing of a kid it bad like it called arts it educational

Answers

Answer:

the answer to this equation is 75 ⁴³

factors to consider when preparing a slide

Answers

Answer:

the aim of the presentation, the subject matter, the audience, the venue or place, the time of day, and the length of the talk

Answer:

Location and accessibility

knowing your competitors

study the building

Landscape,sizes,shape

A transcript should be requested from—-
the post office
your references
former employers
past schools you have attended

Answers

past schools you’ve attended

Answer:

Past Schools you have attended

Explanation

what was a benefit of square inc. that differentiated it from the other pos systems that were available at the time it first launched? more than one answer may be correct.

Answers

Small businesses could afford to accept credit and debit card transactions because they charged a flat fee for each transaction. We were able to accept credit and debit cards for payment. Restaurant servers can process customer payments at the table, increasing the Benefits speed at which they turn tables.

Small businesse groups and individual operators didn't have to spend money on expensive servers and infrastructure, so credit and debit cards were available for the price. This has led organizations to recognize how employees are challenged and managed,Benefits  leading to the development of a Principle Y management style dedicated to the self-fulfilling power of character. In McGregor's view, performance obligations are imposed on managers as well as subordinates

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Learning the language of money is not that important because you will be able to depend on financial planners to manage your money. True or false?.

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It's false that learning the language of money is not that important because you will be able to depend on financial planners to manage your money.

Benefits of personal finance include effective budgeting of spending, high retirement savings rates, and the ability to make prudent investment decisions that help individuals reach their financial goals. Financial planning is more influenced by economic factors, values, goals, and current scenarios.

Aspects such as family history, personal profile, and financial planners obligations also influence investment decisions. While these above factors tend to influence decision-making, it is still in the hands of investors to build a solid investment portfolio based on their needs and profile.

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As with all managerial work, arts and
communication managerial work requires
which of the following?
A. previous experience
B. knowing someone in the industry
C. passion for the industry

Answers

C. Especially art is what they look for

Answer: it’s A previous experience

The chart shows a range of credit scores.

A bar chart titled Sample Credit Score Range has Rating on the x-axis, and credit score on the y-axis, from 0 to 800 in increments of 100. A poor credit score is 500, a weak score is 600, an average score is 700, a good score is 730, a very good score is 750, and an excellent score is 800.

A credit score between 500 and 600 means a consumer would most likely

find it easy to get a loan.
find it hard to get a loan.
get a loan with low payments.
get a loan with low interest.

Answers

Answer:

find it hard to get a loan.

Explanation:

According to the bar chart, a credit rating of between 500 and  600 lies within a bad and poor credit score. A bad or poor credit score indicates the irresponsible use of credit facilities and bad credit history. It tells that the individual has a history of missing out on loan installments, late payments, or defaulting on loans.

A bad or poor credit rating implies that a customer is highly likely to default on loan repayment. Due to this reason, lenders judge them to be high-risk customers and are likely to deny them credit facilities.

Answer: B

Explanation:

Identify two benefits of drawing up a business plan.

Answers

Answer:

Here are four benefits of a business plan:

You can get outside funding. To get funding from lenders or investors, you need to show a business plan. ...

You gain an understanding of your market. ...

You focus your strategies. ...

You can check the financial numbers.

Explanation:

ces
dual
4. A teacher's reputation is important for
success as a professional. What types
of actions of students in high school and
college potentially affect their reputation
into the future, positively or negatively?

Answers

This answer for this one would be D because

mention and explain documents for buying and selling​

Answers

Answer:

Inquiry Letter

Sometimes a business can send this to a supplier to find out if they have a certain good in stock.

Purchase Requisition

This is a document used by a department in a company to request that those in charge of procurement acquire some goods for them.

Quotation

This is a document sent by a supplier to the prospective buyer informing them of the goods they have and their selling price.

Purchase Order

This is the document that shows a formal request for goods from a supplier.

Delivery Note

This is used to confirm that the buyer has received the goods they ordered. The buyer will typically sign this document to confirm receipt.

Invoice

A supplier prepares and sends this to the buyer to show them the goods they ordered and the prices so that the buyer knows how much they owe.

ay co. reported the following financial data for its most current year: beginning-of-year common stock $105,000 beginning-of-year retained earning 175,400 net income 33,400 dividends paid 10,500 issuance of common stock 24,000

Answers

The correct answer would be $327,300.In order to calculate end-of-year stockholders equity following equation is used.

Stockholders equity = Year-end common shares + year-end retained earnings - treasury stocks.

Since there are not any treasury stocks in this case, we just have to get year-end common stock value and retained earnings. To calculate year-end stock value we just add the beginning balance of stock to the other stock issuance value during the year which in this case would be:105,000 + 24,000 = 129,000 .

Whereas, to calculate year-end retained earnings, we take the beginning balance add the net and subtract any dividend paid.

Calculation during this case would be:

175,400 + 33,400 - 10,500 = 198,300

So, stockholder equity = 129,000 + 198,300 = 327,300.

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for the following transaction, answer the questions that follow in accordance with the rules of journalizing and the double-entry accounting system: transaction: walker company received $6,400 payment from a customer on account.

Answers

Following Adjustments are being shown below.

Which two accounts are affected ?

Prepaid insurance

What kind of accounts are they?

Current asset

Do the account balances increase or decrease?

Increase

Do we debit or credit the accounts?

Debit

Since insurance is paid in advance for the upcoming six months, the account that will be debited will be a prepaid insurance account.

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a characteristic of an accrued expense is: multiple choice cash is paid, but an expense is never recorded. an expense is recognized, but the cash payment is never paid. cash payment occurs before expense recognition. the expense is recognized before the payment of cash.

Answers

A characteristic of an accrued expense is the expense is recognized before the payment of cash. Hence, Option D is correct.

What is an accrued expense?

In other words, when any kind of expense is incurred when there are no invoices or other kinds of documents, they are considered as accrued expenses.

They can be classified as current liabilities, in which case they have to be paid within a time period of a minimum of 12 months. It also appears or can be visible on a company's balance sheet.

Therefore, among all the given characteristics, the one which is the characteristic of an accrued expense option D.

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The complete question is attached in text form:

Which of the following is a characteristic of an accrued expense? multiple choice:

cash is paid, but an expense is never recorded.

an expense is recognized, but the cash payment is never paid.

cash payment occurs before expense recognition.

the expense is recognized before the payment of cash.

For prescription drug coverage with her family health care plan,
Emmeline has four options:
Option A: $50 monthly premium and $20 co-pay per prescription
Option B: $70 monthly premium and $15 co-pay per prescription
Option C: $90 monthly premium and $10 co-pay per prescription
Option D: $110 monthly premium and $8 co-pay per prescription
Based on Emmaline's records, her family fills an average of two
prescriptions per month. Which would be her least expensive
option?
Option A
Option B
Option C
Option D
No

Answers

Answer:

the answer is A

Explanation:

option A is $50 monthly premium and $20 co-pay per prescription.

if you do the math:

$50 + $20 x 2=90

$70 + $15 x 2= 100

$90 + 10 x 2= 110

$110 + 8 x 2= 126

(you multiply 2 because of the amount of prescriptions she goes through per month )

P.S I am also a personal finance student and took the test, got it right, but didn't go off the answer here.

Hope this helps :)

The least expensive  option for Emmeline would be:

A: $50 monthly premium and $20 co-pay per prescription

According to the given question, we are asked to show the least expensive option for Emmeline when purchasing a prescription drug based on family health care plan.

As a result of this, we can see that a $50 monthly premium and a $20 per day prescription would cost $90 which is lower than the cost of other prescription plans which goes as high as $126.

Therefore, the correct answer is option A

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in labor supply, the change in people's choices when they have more income is called the effect.

Answers

In labour supply, the change in people's choices when their income increases is called an effect Wage Changes.

Labour Supply

Individual decisions on how much of their labour to supply in the labour market are referred to as labour supply. The rest of the hours that aren't labour hours are referred to as leisure in economics. Individuals will decide how many hours they wish to devote to work and how many to leisure based on their personal preferences.

As the actual pay rate rises, for example, so does the opportunity cost of leisure. This causes workers to supply additional labour (the "substitution effect"). However, as the real wage rate rises, workers get more money for the same number of hours worked.

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select all of the following that are companies that paid dividends for 100 consecutive years. a. bp b. stanley works c. corning glass works d. pullman, inc.

Answers

The companies that paid dividends for 100 consecutive years is: b. Stanley Works c. Corning Glass Works, d. Pullman, Inc.

What is dividend?

Dividend can be defined as the money a company or an organization paid yearly to their shareholders and the money the company paid to their shareholders are  from the profit they make or generated.

Shareholders often invest their money in a business  or buy part of a company shares in which they in turn receive profit from the company they invested their money into.

Stanley Works, Corning Glass Works and Pullman, Inc. are the companies that has been paying dividend to their shareholders 100 consecutive years.

Therefore the companies that paid dividends for 100 consecutive years is: b. Stanley Works c. Corning Glass Works, d. Pullman, Inc.

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anybody wanna be friends

Answers

Answer:

Meeeeeeeee

Explanation:

Also I’m bored

Answer:

I'll be ur friend, thx for the free points, stay safe, and have a great day/night!

The product is shown without a decimal point. Where should the decimal point be placed?

3.12 × 4 = 1248

5th grade work

Answers

Answer:

Answer:B Place the decimal point after 2

Explanation:

All you have to do is multiply 3.12 times 4

2. What are the importance of vocation and business?​

Answers

Answer:

A major part of your life is your vocation. This is your career or even your business. Fulfillment in your vocation can contribute to leading a satisfying and successful life. Factors involved in having a satisfying vocation are that you should have a purpose, help others and be concerned about future generations

(04.03 LC)
Which behavioral factor would influence the premiums of auto
insurance?

A. Make and model
B. Age of driver
C. Safe driving
D. Location

Answers

Answer:

C. Safe driving

Explanation:

Behavioral factors refer to the lifestyle habits of an individual.  Auto insurance premiums are largely determined by the risk involved, as assessed by the insurance company.  Insurance companies consider

the car and its safety features, the driver's history and habits, insured credit history, among other factors, when determining auto premiums.

Safe driving is a habit that develops in a driver over time. It is captured in the driver's driving history.  A driver with few incidents and accidents than other pay lower insurance premiums. However, accident-prone drivers, those who drive many hours per day, and night drivers will always pay high insurance premiums.

Safe driving is the behavioural factor would influence the premiums of auto insurance. Hence, option C is correct.

What is auto insurance?

Auto insurance, a contract between you and the insurance company, protects you from financial loss in the event of an accident or theft. In exchange for a premium payment from you, the insurance provider guarantees to pay your losses in line with the conditions of your policy.

When you buy or rent a car, it's critical to protect your investment. In the event that you are in an accident, your car is stolen, vandalized, or suffers damage from a natural disaster, having auto insurance can provide you peace of mind.

Instead of paying for motor accidents out of pocket, people make yearly payments to an auto insurance company, and the company then pays all or the bulk of the costs associated with the accident or damaged vehicle.

Thus, option C is correct.

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Why did Constantine establish a new capital of the Roman Empire in Byzantium?

Answers

Answer:

From the year 330 and by order of the Emperor Constantine, the city of Byzantium became the capital of the Roman Empire. The main motivation behind this decision was strategic: the city of Byzantium, later renamed Constantinople, was located in what we know today as Istanbul, Turkey, on the intercontinental passage between Europe and Asia. Thus, this city was right in the middle of the main route that connected the Roman Empire with the cities of the Middle East, India and China, being fundamental for the control of said trade and the exercise of a notable political and economic influence in the region.

18) Fred purchased shares of stock In a fast-food corporatlon for $10,000. Marla ls a sole proprletor of a
fast-food restaurant that she purchased for $10,000. Which of the following statements best descrlbes
the maximum amount that Fred and Marla can lose on thelr Investments? (SSEMI3A DOK: 2)
A. Fred can only lose $10,000, but Marla can lose more
B. Marla can only lose $10,000, but Fred can lose more
c. Both Fred and Marla can lose only $10,000
D. Both Fred and Marla can lose more than $10,000

Answers

Answer:

A. Fred can only lose $10,000, but Marla can lose more

Explanation:

Fred can lose a maximum of $10,000 because he bought shares of a corporation. Shareholders of a corporation enjoy limited liability to its debts. Should the corporation face liquidation, the shareholder's liability is limited to the value of share contribution. It means that Fred can lose a maximum amount equal to the shares he purchased should the corporation collapse.

Marla bought a sole proprietorship business. The law considers a sole proprietorship business and the owner to be the same thing. Marla's business assets are her assets, while the debts of the business will be her debts. Should the restaurant incur debts more than the $10,000 that Marla paid for it, she stands to lose more if her business collapses. Her assets will be used to settle the debts of the restaurant.

many designers in the company are now making the transition to working in indesign, and katie is in charge of training them. she explains that working smart in indesign is important, and is an effective way to keep related panels together.

Answers

A good way to keep related panels together is to group them.

A designer can benefit many workplaces because graphic design is a crucial marketing tool. The need for graphic designers does, however, differ by business. According to the U.S. Bureau of Labor Statistics, there are less options for graphic designers to find work in the publishing sector. But as more businesses continue to expand their digital presence, the demand for graphic designers in computer systems design and related services is anticipated to rise. Additionally, there are several chances for graphic designers to diversify into other design disciplines. A graphic designer can go into adjacent fields like web development or UX/UI design because to their many transferrable talents.

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solid is a new arm of a large global financial services firm targeting teens and millennials. the new platform and associated services are meant to appeal to the youth market by being low cost, having low barrier of entry, and super simple to use.

Answers

Banks and financial service providers must ultimately look to their future customers to survive and prosper in the increasingly crowded market, i.e., they must focus on the Millennial-Zillennial-Gen Z groups to reap the benefits.

According to a Morgan Stanley analysis from 2019, Millennials will continue to be the largest driver of net new loan demand over the next seven years. As a third of all consumer debt is expected to be owed by Gen Z by 2040, banks will have to compete with one another for their business.

In addition to making up the majority of the client base, these generations have also caused a fundamental shift in the banking and financial services sectors because to their shared traits, viewpoints, and beliefs.

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this organization is a part of the u.s. treasury department and its auditors examine and audit the books and records of organizations and individuals to determine their federal tax liability.

Answers

This organization is part of the US Department of the Treasury, and its auditors examine and audit the books and records of organizations and individuals to determine their federal tax liability. this organization is the IRS.

Taxes can be defined as mandatory levies from the people for the state. Every penny of tax money paid by the people will be included in the post of state income from the tax sector. Its use is to finance central and local government spending for the welfare of the community.

Taxes are very beneficial for the state. In full, taxes are widely used for:

Financing state expenditures, such as: self-liquidating expenditures, for example: expenditures for productive projects for export goods.Financing reproductive expenditures, such as: expenditures that provide economic benefits for the community, for example: expenditures for irrigation and agriculture.Financing expenses that are not self-liquidating and non-reproductive, for example: expenses for the construction of monuments and recreational objects.Financing unproductive expenses, for example: expenditures to finance national defense or war and expenditures for future savings, namely expenditures for orphans.

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Josh is journalizing an adjustment for a bank service fee. What type of
account would this be considered?
A. cash
B. revenue
C. expense
D. accounts payable

Answers

Answer:

Expense

Explanation:

interestingly, if a class-action suit deals with equal pay or gender discrimination, it cannot be filed against an employer.

Answers

Contrary to popular belief, a class action lawsuit cannot be brought against an employer if it involves equal pay or gender discrimination.

Gender discrimination is when a person is treated differently depending on their sex, putting them at a disadvantage or preventing them from accessing opportunities that are open to other members of society. Males typically hold higher positions in social, economic, and political hierarchies, which is a sign of gender discrimination in most societies.

The gender discrimination against women has persisted for more than 20 years. Students will comprehend the effects of gender discrimination on our society and how it restricts women's potential after reading this essay on the topic. A few steps to end gender prejudice are also proposed at the end. Students can practice writing essays on related topics to improve their essay-writing abilities.

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A _____ is targeted to borrowers with low credit scores, high debt-to-income ratios or signs of a reduced ability to repay the money they borrow.

Answers

A subprime mortgage loan  is targeted to borrowers with low credit scores, high debt-to-income ratios or signs of a reduced ability to repay the money they borrow.

in viña del mar, chile, a large number of shops specialize in selling the same quality of seafood products along the beach frequented by tourists. no individual shop dares charge more than the going price without fearing loss of business to other shops. this exemplifies

Answers

Along the tourist-friendly beach in Via del Mar, Chile, a sizable number of stores specialise in providing the same kind of seafood products. No business would dare to charge more than the market rate without worrying about losing customers to rival businesses. This is a perfect example of pure rivalry.

Seafood includes any marine species that people would eat, with fish and shellfish leading the list. Shellfish includes bivalve molluscs like clams, oysters, and mussels as well as cephalopods like octopus and squid. Echinoderms and other crustaceans like shrimp, crabs, and lobster are also featured.

Seafood is a key source of (animal) protein in many cuisines around the world, particularly in coastal areas. Pescetarians, who only consume seafood as a source of meat, are regarded as semi-vegetarians.

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when a clause is included in a mortgage, requiring it to assume a lower lien priority position, it is called: select one: a. an estoppel clause. b. an acceleration clause. c. a subordination clause. d. a participation clause.

Answers

When a clause is included in a mortgage, requiring it to assume a lower lien priority position, it is called c. a subordination clause.

A mortgage is an agreement between you and a lender that permits you to borrow cash to buy or refinance a domestic and offers the lender the right to take your house if you fail to repay the money you've got borrowed.consumerfinance.gov.

A loan is an agreement between you and a lender that gives the lender the right to take your property if you fail to repay the money you've borrowed plus interest. loan loans are used to buy a home or to borrow money towards the cost of a domestic you already very own. Seven matters to look for in a loan.

An example of a mortgage is the loan you took out whilst you obtain your property. To loan is whilst you're taking a mortgage and using your house as collateral. An instance of a loan is when you visit a financial institution and borrow money against your house.

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Why might a writer open a story with an implied conflict?A. To offer an alternative way to look at the main eventsOB. To raise questions the reader will want answeredO C. To ask the reader to recall the structure of another storyD. To suggest that the story will have a surprise ending Note that common contexts are listed toward the top, and less common contexts are listed toward the bottom. according to o*net, what are common work contexts for foresters? check all that apply. pace determined by speed of equipment telephone freedom to make decisions exposed to disease or infections electronic mail in an open vehicle or equipment face-to-face discussions a orientation helps to redefine the marketers focus by encouraging them to broadly consider those entities most impacted by the marketers actions. those entities include employees, suppliers, regulators, shareholders, customers, and the community. let be the largest integer whose square has exactly digits when written in base . what is , expressed in base ? a wheel with a radius of 45.0 cm rolls without slipping along a horizontal floor (fig. 3-37). at time t 1 the dot p painted on the rim of the wheel is at the point of contact between the wheel and the floor. at a later time t 2 the wheels has rolled through one-half of a revolution. what are (a) the magnitude and (b) the angle (relative to the floor) of the displacement of p? you manage a network that has multiple internal subnets. you connect a workstation to the 192.168.1.0/24 subnet. this workstation cannot communicate with any other host on the network. you run ipconfig /all and see the following: whats an apa style format The writer is considering adding the following sentence to the passage after sentence 10. In fact, a recent study indicates that the average individuals attention span decreases by 88% each year. Should the writer add this sentence after sentence 10?Yes, because it provides a contextual detail that helps the audience better understand the writers argument.Yes, because it creates an appeal to the audiences sense of logic through the addition of a statistic.Yes, because it provides a credible piece of evidence that strengthens the writers line of reasoning.No, because the example fails to provide the details needed to show how it supports the passages topic.No, because it provides evidence that is irrelevant to the claim made in sentence 10 and the writers thesis. A zoo orders food in bulk for its animals. They order enough fresh fruit to last 10 days, enough fresh vegetables for 7 days, and enough dried insects for 5 days. If they last ordered fresh fruit, fresh vegetables, and dried insects on January 1, in how many days will they need to order all three items on the same day? A tennis ball with a speed of 23.7 m/s ismoving perpendicular to a wall. After strikingthe wall, the ball rebounds in the oppositedirection with a speed of 15.2865 m/s.If the ball is in contact with the wall for0.0145 s, what is the average acceleration ofthe ball while it is in contact with the wall?Take toward the wall to be the positivedirection.Answer in units of m/s 1. Why do some researchers question the use of adoption studies for assessing the relative influences ofgenetics and environment on development? A channel protein, but not a carrier protein, can exist in a open configuration creating a pore through a membrane. True or false?. Help me Pleaseeeee I give crown 2x - 3y = 16 5x - 3y = 13solve the systems of equations when and where was the Indian Ocean Maritime system established Convert the mixed number to an improper fraction 3 1/3 according to the law of supply: group of answer choices there is an inverse relationship between price and the quantity supplied. there is a direct relationship between price and quantity demanded. there is a direct relationship between price and the quantity supplied. there is an inverse relationship between price and quantity demanded. Question 1 A computer is set to shut down if the temperature exceeds 40C. Give an equivalent statement using degrees FahrenheitQuestion 2A certain brand of makeup is guaranteed not to run if the temperature is less than 35C. Give an equivalent statement using degrees Fahrenheit which analogy might one use when trying to describe the function of the somatic nervous system to a middle-school child? Use properties of exponents and logarithms to evaluate the expression as a rational number.