The law of diminishing marginal utility is consistent with the fact that people trade. Do you agree
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 69% (13 reviews)
Agree If marginal utility were constant then people ...View the full answer
Answered By
Cyrus Sandoval
I a web and systems developer with a vast array of knowledge in many different front end and back end languages, responsive frameworks, databases, and best code practices. My objective is simply to be the best web developer that i can be and to contribute to the technology industry all that i know and i can do. My skills include:
- Front end languages: css, HTML, Javascript, XML
- Frameworks: Angular, Jquery, Bootstrap, Jasmine, Mocha
- Back End Languages: Java, Javascript, PHP,kotlin
- Databases: MySQL, PostegreSQL, Mongo, Cassandra
- Tools: Atom, Aptana, Eclipse, Android Studio, Notepad++, Netbeans.
Having a degree in Computer Science enabled me to deeply learn most of the things regarding programming, and i believe that my understanding of problem solving and complex algorithms are also skills that have and will continue to contribute to my overall success as a developer.
I’ve worked on countless freelance projects and have been involved with a handful of notable startups. Also while freelancing I was involved in doing other IT tasks requiring the use of computers from working with data, content creation and transcription.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Economics questions
-
Multiple Choice Questions 1. The law of diminishing marginal utility implies that the more of a commodity you consume, the a. More you value additional units of output. b. Less you value additional...
-
Indicate whether each of the following statements is true or false. Explain why. A. The law of diminishing marginal utility states that as an individual increases consumption of a given product...
-
Explain the law of diminishing marginal utility, and give an example to illustrate it.
-
The stockholders equity section of University Fashions is presented here. University Fashions Balance Sheet (Stockholders Equity Section) ($ in thousands) Stockholders equity: Preferred stock, $50...
-
Refer to the chapter opener, Meet Social Networking. In your opinion, is it easier to document business processes when working together as a team? Or as an individual?
-
In the system of Figure P6.3, let Find the range of K for closed-loop stability when: a. a < 0; b < 0 b. a < 0; b > 0 c. a > 0; b < 0 d. a > 0; b > 0 K(s - a) G(s) = %3D (9- s)s
-
Two parallel disks each of radius \(R\) are facing each other and separated by a distance \(H\). Derive an expression for the view factor between these disks.
-
The Bakery by the Bay produces organic bread that is sold by the loaf. Each loaf requires 1/ 2 of a pound of flour. The bakery pays $ 2.00 per pound of the organic flour used in its loaves. The...
-
A. (4 pts.) Find the flux through the rectangular loop, in terms of the current I(t). B. (3 pts.) Find the current induced at t = 0 s. C. (3 pts.) Suppose the current was constant (I = 10), but the...
-
What is the level of measurement for each of the following variables? a. Student IQ ratings. b. Distance students travel to class. c. The jersey numbers of a sorority soccer team. d. A students state...
-
What is framing and what effect can it have on the choices that individuals make?
-
Is it possible to get so much of a good that it turns into a bad? If so, give an example.
-
Thoroughly discuss the pros and cons of buying versus building software.
-
Suppose individual A received a much better education than individual B, and consequently earns twice as much per hour of labor. a. If both individuals work 40 hours a week, who will have greater H?...
-
A green economy a. depends on cash on hand. b. factors ecological concerns into business decisions. c. uses a more diverse workforce. d. will not impact the auto industry.
-
Goods are products a business sells like a. haircuts. b. conveyer belts. c. car insurance. d. health care.
-
Consider the Ricardian model of trade described in this chapter. Use Table 16.5 to answer the questions that follow. Table 16.5 (a) Show that if the relative price of computers to rice were any...
-
A transnational business strategy is used when a product is sold in many regions of a country at the same time. True or False
-
The average ticket price for a concert at the opera house was $50. The average attendance was 4000. When the ticket price was raised to $52, attendance declined to an average of 3800 persons per...
-
What steps must a business take to implement a program of social responsibility?
-
1. Six bidders in an oral auction place the following values on a good: ($6, $5, $4, $3, $2, $1). In an oral competitive auction, what is the winning price? a. $3 b. $4 c. $5 d. $6 2. Suppose that...
-
Maritime Insurance Company offers insurance policies for recreational boats. A typical policy will pay the replacement cost of $25,000 if the boat is a total loss. If the boat is not a total loss but...
-
You want to invest in a hot dog stand near the ballpark. You have a 0.35 probability that you can turn your current $15,000 into $50,000 and a 0.65 probability that fierce competition will drive you...
-
Required Information [The following Information applies to the questions displayed below.] Simon Company's year-end balance sheets follow. At December 31 Assets Current Year 1 Year Ago 2 Years Ago...
-
Superior Company provided the following data for the year ended December 31 (all raw materials are used in production as direct materials): Selling expenses Purchases of raw materials Direct labor...
-
Correlle dishes are known for being mostly unbreakable in daily use. Kevin's 12-year-old son decided to test this "unbreakable" idea by throwing a plate hard onto the floor. It broke. what this is an...
Study smarter with the SolutionInn App