Suppose that at the baseball game, you consumed 3 hot dogs (each priced at $5) and 4 sodas (each priced at $3). the 3rd hot dog provided a marginal utility of 20, while the 4th soda provided a marginal utility of 15. in order to maximize utility, should you have changed your consumption?

Answers

Answer 1

In such circumstances, I would have changed my consumption. I'd have stopped at the 3rd hot dog because consuming something beyond that would decrease my marginal utility, from 20 to 15. It's better to shop at the third hot dog.

Related Questions

According to the open systems view of organizations, _____ is (are) an input for organizations.
a. incentive plans
b. products
c. financial resources
d. employee motivation
e. employee behavior

Answers

The answer is letter d, financial resources. It is a period covering all financial funds of the organization. From an economic perspective financial resources are the part of the organization’s assets or property). Sometimes these are referred just as finance, often with some attributes (like Business finance, Personal finance, Public finance). Finance is one type of source, correspondingly, that inputs into the production process. Also, according to open systems the inputs are external factors such as raw materials, human resources, information, financial resources, and equipment.

Final answer:

According to the open systems view of organizations, financial resources is (are) an input for organizations. Incentive systems which motivate employees are essential for enhancing performance and productivity within companies. The correct option is c) financial resources

Explanation:

According to the open systems view of organizations, financial resources are considered an input for organizations. An incentive system within a company is a structured plan designed to motivate and reward employees to enhance performance and productivity. Such incentives may include various forms of variable pay such as piece rates, individual bonuses, merit pay, and sales commissions, which tie employee pay to their performance.

Companies leverage these incentive-based strategies to foster motivation and drive performance, tying rewards not only to individual achievements but also to company-wide outcomes. Thus, well-designed incentive plans are crucial for organizations seeking to motivate employees and achieve strategic objectives.

Is rand corporation a liberal or conservative company?

Answers

The RAND corporation admitt that they see themselves as a centrist rather than liberal or conservative.
But, Since The RAND corporation is a group that created to make analysis for United States Armed Forces, the RAND corporation tend to favor conservative policies.

How the south African government provides support to the people by arrive alive?

Answers

South African Government's "Arrive Alive" Road-Safety Campaign is called as 365 Days of Road Safety Programme after 2015 focuses on creating awareness all year round. The campaign emphasized that the reduction in road deaths was urgent and non-negotiable. The Road Accident Fund (RAF) pays out about R15 billion to victims of road accidents every year.

During the summer, alex runs a lawn-mowing service, and lawn-mowing is a perfectly competitive industry. in the short run, alex will shut down his lawn-mowing service rather than continue with it if:

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In the short run, Alex will shut down his lawn-mowing service rather than continue with it if the total revenues would not be able to cover the total variable costs he has. A perfectly competitive industry is a market structure where all the firms in the market sells the same product, the firms cannot control the prices of the product, they have a small share in the market, the consumers know all of the information about the product and the products would have a freedom of entry and exit. Most likely, firms in that certain industry would be able to sell well depending on how they would advertise and market their product.

Suppose that real GDP equals potential GDP, but the government believes that the economy is in a below full-employment equilibrium. As a result, the government increases its expenditure on goods and services. In response to the government's fiscal policy

Answers

In response to the government's fiscal policy Aggregate demand will be increased.
When the government increases its expenditure on goods and services, the number of the products that sold in the market will increase. This condition will automatically increase the amount of offer that consumers made to buy it.

Cromwell enterprises is acquiring athens, inc. for $899,000. athens has agreed to accept annual payments of $210,000 at an interest rate of 8.5 percent. how many years will it take cromwell enterprises to pay for this purchase

Answers

5.55 years

I/Y: 8.5
PV: 899000
PMT: -210000
FV:0

_____ are the policies and practices about the way a business should behave.
Business ethics
Company constitution
Ethics
The Better Business Bureau

Answers

The answer to this question is "Business Ethics".

The answer to this question is Business Ethics.

Sarah has a credit card balance of $2000. the credit card company charges 11% per annum simple interest. what is the interest charge on sarah's credit card after 1 month?

Answers

The interest charge would be $18.33.
11% of $2000 Is $220. $220 Is your total value of interest each year. Divide this by 12 (months per calender year) to get your interest charge for 1 month.

Prejudice would be an example of what factor affecting wages?
A. Education
B. Supply
C. Social attitudes
D. Government laws

Answers

The answer would be A, Education

I will say it's probably A

The way the bank determines the balance on which to calculate your interest is known as _____.

A. minimum finance charge
B. method of computing balance
C. minimum monthly payment
D. annual percentage rate
PLEASEEE HELPPP!!!!

Answers

APEX: method of computing balance

_____ include(s) stocks of completed goods, work in process, and raw materials

Answers

Inventory includes stocks of completed goods, work in process, and raw materials.

Inventory is the products and materials that a business holds for definitive objectives to have a reason for resale.

The idea of inventory has been reached out from assembling frameworks to benefit organizations and tasks, by summing up the definition to be "all work inside the procedure of creation all work that is or has happened preceding the fulfillment of generation." with regards to an assembling generation framework, stock alludes to all work that has happened - crude materials, in part completed items, completed items before deal and takeoff from the assembling framework. With regards to administrations, stock alludes to all work done a preceding deal, including halfway process data.

The contributions of epidemiology to environmental health include:

Answers

I hope this helps--------

A rubric shows the percent of correct answers required to achieve a certain grade.
True or false

Answers

False. A rubric shows the possible points that you can get for a certain part of the project to determine your grade. Here is an example of a rubric.

This is false. A rubric describes what your assignment will be graded on. It also shows the amount of points that you can earn, but it does not show the percentage of correct answers that you need to achieve a certain grade. However, it does show how many points you can earn, but not how many you must earn to achieve your goal grade.

Triad common stock is selling for $27.80 a share and has a dividend yield of 2.8 percent. what is the dividend amount?

Answers

Dividend yield is a quantifiable amount used by finance people to determine the amount of cash inflow based on investments made. In accounting, the dividend amount can be determined from the dividend yield through this equation:

Dividend yield = Divident amount/Price per share * 100
2.8% = Dividend amount/$27.8 * 100
Dividend amount = $0.7784 per share

The central processing unit controls all the functions performed by the computer's other components and processes all the commands issued to it by software instructions true or false

Answers

The above statement is true.
The central processing unit controls all the functions performed by the computer's other components and processes all the commands issued to it by software instructions.
The central processing unit, commonly known as CPU is a part of the system unit of a computer and it controls all the function. CPU is also known as processor or brain of the computer and without CPU or processor, computer is nothing.

Final answer:

True, the central processing unit controls all functions within a computer and processes commands from software. It serves a role similar to the human brain, manipulating data and executing tasks, powered by microprocessor technology.

Explanation:

The statement is true: The central processing unit (CPU) indeed controls all the functions performed by the computer's other components and processes all the commands issued to it by software instructions. The CPU acts as the brain of the computer, similar to how our human brain functions as the control center of our body. It interprets instructions from both hardware and software, manipulates data, and enables the execution of tasks.

Historically, computers have evolved significantly from mechanical systems to electronic ones, with the contemporary CPU made up of microprocessor technology. This microprocessor is an integrated circuit that stores and performs calculations, allowing for a wide range of useful functions.

Just as the brain contributes to our cognitive abilities, such as reasoning, imagination, and language, the CPU enables complex computational operations necessary for a computer to run various programs and applications effectively.

Learn more about Central Processing Unit

The california “standard form” policy of title insurance on real property insures against loss occasioned by:

Answers

The California “standard form” policy of title insurance on real property insures against loss occasioned by a forgery in the chain of recorded title.

To add, standard form policy is an insurance policy form that is designed to be used by many different insurers and has exactly the same provisions, regardless of the insurer issuing the policy.

Final answer:

Property insurance covers risks associated with owning property, including losses due to damage or deception, and underwriters calculate risk exposure to recommend coverage levels.

Explanation:

Property insurance covers risks associated with owning property like fire, theft, and storms. Title insurance on real property in California provides protection against various losses, and this includes losses due to property damage or deception. The underwriters use information to calculate risk exposure and recommend coverage levels based on factors that can reduce risk, such as building materials and safety measures.

A consumer product for which buyers will not accept a substitute, for which purchasers do not compare alternatives, and that is purchased infrequently and with extra effort on the buyerâs part is a ____ product.

Answers

The answer that completes the blank above is LUXURY. Luxury product is the product that consumers purchase in which they will not accept a substitute. Luxury goods are considered to be superior goods and therefore, their quality is incomparable. This means that the buyers cannot compare it to alternatives. Since luxury goods have high prices, these are not purchased frequently and therefore needs extra effort on the part of the buyer.

When you drive above 5,000 feet, there is substantially less oxygen available and you can become _________ very quickly?

Answers

............ you can become TIRED very quickly. As one ascends towards the sky, the quantity of oxygen available continues to reduce significantly and this have a lot of negative effects on humans. For instance, there will be less oxygen available for breathing and one can become tired quickly. The lack of oxygen can cause shortness of breath, nosebleed, headaches and increased heart rate. Also, the air becomes drier and this makes one to become unusually thirst.

Mr. hawkins wants abel to learn to purchase a newspaper from a newspaper vending machine. over two weeks, abel purchases newspapers from four different newspaper machines. this is an example of what generalization technique?

Answers

Final answer:

Mr. Hawkins is using stimulus generalization with Abel, a behavioral psychology technique where Abel learns to generalize a behavior (purchasing newspapers) from one situation to similar situations (different vending machines).

Explanation:

The example provided, wherein Mr. Hawkins wants Abel to learn to purchase a newspaper from different newspaper vending machines, is an illustration of the generalization technique often seen in behavior psychology and learning. Specifically, Abel is engaging in stimulus generalization, a process where a behavior is learned in the presence of a specific stimulus and then transferred to, or generalized to, other similar stimuli. By purchasing newspapers from various machines, Abel is demonstrating that he can apply the skills he has learned to similar but not identical situations.

This form of training is critical because it increases the efficiency of learning experiences. It prepares individuals for real-world situations where adaptability and the ability to engage with a range of similar stimuli are necessary. While the concept of generalization is a broad one, this example falls under the category of 'reasoning from specific instances to generalities,' showing that behavior learned in one context can expand to others.

You have received an email that is directing you to a phony website that looks like the website for your mortgage company. what kind of message is this

Answers

This is "Spam Email"

Definition of unemployment insurance fund

Answers

Salutations!
Definition of unemployment insurance fund.

Unemployment insurance fund is a short term holiday, or consolation where workers do not work due to personal issues, such as: illness, family cases etc.
Hope I helped :D

The department of transportation appropriations act of 2000 standardized the maximum legal limit for alcohol intoxication while driving at __________ bac.

Answers

The Department of Transportation (DOT) Appropriations Act of 2000 standardized the maximum legal limit for alcohol intoxication while driving at 0.08% BAC or Blood Alcohol Content. The Appropriations Act mandated to temporarily withhold a small percent of the funding for construction highways and roads for all of the states that did not meet or adopt the standard of 0.08% BAC. And that any state that do not comply with this until October of the year 2007 would lost all of the funds withheld. Within five years after the Act was enacted, all of the states adopted the limit 0.08% BAC for the drivers.

Final answer:

The Department of Transportation Appropriations Act of 2000 standardized the maximum legal limit for alcohol intoxication while driving at 0.08% BAC.

Explanation:

The Department of Transportation Appropriations Act of 2000 standardized the maximum legal limit for alcohol intoxication while driving at 0.08% BAC. BAC stands for blood alcohol concentration, and it measures the amount of alcohol in a person's bloodstream. This limit means that if a person's BAC is above 0.08%, they are considered legally intoxicated and should not be driving.

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The investigation and prosecution of organized crime per se has largely been a responsibility of the __________

Answers

The one who has responsibility in terms of having or conducting an investigation and prosecution in regards with crime per se is the federal government. They are the ones who are responsible in serving justice to the people and handles the people who have committed crimes and uses any means in serving justice.

One main issue in studying global social inequality is: question 19 options: 1) most countries keep their economic situations secret. 2) social inequality is relative and therefore, difficult to compare across cultures. 3) the presence of tourism can make a country look richer than it really is. 4) most people live beyond their means which gives a false sense of wealth to a society.

Answers

The answer to this question is letter B. Social inequality is relative and therefore difficult to compare across cultures.

Social inequality is simply an unequal opportunity for social position in the society or within the group. It also refers to the social group according to age, gender, and class.

Final answer:

One main issue in studying global social inequality is the difficulty of comparing social inequality across cultures due to its relative nature. Economic and social structures vary among countries, making it challenging to measure and compare social inequality on a global scale.

Explanation:

One main issue in studying global social inequality is that social inequality is relative and therefore difficult to compare across cultures. Different countries have different economic and social structures, making it challenging to measure and compare social inequality on a global scale. For example, the criteria used to measure poverty in one country may not be applicable to another country with a different economic system and cultural context.

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Write a fictional scenario (can be based on something you have witnessed in real life) describing an ethical challenge you might encounter in a loan transaction.

Answers

Oliver is the best friend of Tommy. Tommy was in dire need of money so he asked Oliver, manager of Starling Bank, to lend him money. Oliver knew that Tommy has no work and his father had cut him off of his trust fund so it would be impossible for him to pay the amount he will be borrowing. Oliver was hesitant to grant the request of Tommy. This was an ethical challenge on his part since he knew the consequences if he would grant Tommy's request. He needs to decide well and weigh the possible effects of his actions.

A fictional scenario would be a Loan Officer waiving some of the requirements for accessing a loan for their blood relative. This of course is not ethical.

What are Ethics?

Ethics refer to standards that are formed, described, and communicated within organizations on what the acceptable standard of behavior are in relation to other people and the business.

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John took a call from a customer who wanted to purchase 1,000 shares of a company’s stock, which just went public. What is John’s profession?

a. tax accountant
b. insurance sales agent
c. real estate agent
d. financial services sales agent

Answers

I think its
d. financial services sales agent

A financial services agent buys and sells stocks and bonds.

Answer:

d. financial services sales agent

Explanation:

The Financial services sales Agent provide a comprehensive view on various financial issues, so they have the mission of providing an investment advisory service. In that sense, they work with clients to make decisions regarding their assets; To that end, they provide by making objective recommendations designed to help them achieve their objectives following the established financial planning.

These professionals are usually hired within the financial industry, such as places such as banks, stockbrokers, insurers, among others.

In other words, agents selling securities, raw materials and financial services connect buyers and sellers in financial markets. They sell securities to people, advise companies seeking investors, and carry out transactions.

PLEASE HELP ME! A nation passes a law that prohibits importation of fruit from abroad. Why might this law be important?

Answers

Passing a law that forbids the importation of fruit from abroad will improve the country's agricultural sector. With less competition from other countries, the farming industry will lead to a major boost in the nation's economy. Also, it helps other countries to be more innovative and self-sustaining. This will also protect domestic jobs in the country's agricultural regions and this also helps to reduce the need to harvest with gasoline-powered equipment.

Answer:

C. It protects domestic jobs in the country's agricultural regions

An advantage of a firm pursuing multiple segment specialization is that:

Answers

An advantage of a firm pursuing multiple segment specialization is that IT CREATES THE LARGEST POTENTIAL MARKET FOR THE FIRM'S PRODUCTS OR SERVICES. Multiple segment specialization is a marketing technique whereby a company tries to gain customers from more than one type of market for the same product. The principal reason for using this strategy is to increase the number of customers using one's products.

A preferred position of a firm seeking after various fragment specialization is that IT CREATES THE LARGEST POTENTIAL MARKET FOR THE FIRM'S PRODUCTS OR SERVICES.

Further Explanation:

Multi segment specialization:

A showcasing technique when an organization attempts to pick up clients from more than one kind of market for a similar item and utilizations, consequently, various sorts publicizing, which can be expensive additionally called separated promoting.

multi segment advertising:

A separated advertising technique is one in which the organization chooses to give separate contributions to each extraordinary market portion that it targets. It is likewise called multi fragment showcasing. Each portion is focused with a specific goal in mind, as the organization gives novel advantages to various fragments.

item specialization:

Item specialization is one methodology an organization can use to target explicit client market sections. This methodology works for organizations that represent considerable authority in a fantastic item and can redo it to fit the particular needs of various sections.

Purpose of specialization:

Specialization is a strategy for creation whereby an element centers around the generation of a constrained extent of merchandise to pick up a more noteworthy level of proficiency. Numerous nations, for instance, have some expertise in creating the products and ventures that are local to their piece of the world, and they exchange for different merchandise and enterprises.

Subject: business

Level: High School

Keywords: Multi segment specialization, multi segment advertising, item specialization, Purpose of specialization.

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What type of mortgage has set payments for the life of the loan? A: Varying-rate mortgage B: Fixed-rate mortgage C: Adjustable-rate mortgage D: Index-rate mortgage

Answers

fixed rate mortgage is the answer

Answer:

fixed-rate mortgage

Explanation:

A theoretical model describing a product's sales and profits over the course of its existence is known as the product ________.

Answers

It is known as the product LIFE CYCLE. It is made up of four basic stages, which are: introduction, growth, maturity and declining stage. The life cycle of a product can help a company in decision making concerning that product; it can help the company to improve its efficiency, saves money and better use its resources.

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