Which of the following statements reflects the modern concept of economic utility?
A. Brian enjoys ice cream twice as much as he enjoys asparagus.
B. Utility measures a person's happiness.
C. Brian gains more utility from eating pizza than Susan does.
D. Brian prefers ice cream to asparagus.
Answers: 1
Other questions on the subject: Business
Business, 22.06.2019 07:40, carliehanson9908
Alicia has a collision deductible of $500 and a bodily injury liability coverage limit of $50,000. she hits another driver and injures them severely. the case goes to trial and there is a verdict to compensate the injured person for $40,000 how much does she pay?
Answers: 1
Business, 22.06.2019 13:10, KillerSteamcar
A4-year project has an annual operating cash flow of $59,000. at the beginning of the project, $5,000 in net working capital was required, which will be recovered at the end of the project. the firm also spent $23,900 on equipment to start the project. this equipment will have a book value of $5,260 at the end of the project, but can be sold for $6,120. the tax rate is 35 percent. what is the year 4 cash flow?
Answers: 2
Business, 22.06.2019 16:00, hany90
Arnold rossiter is a 40-year-old employee of the barrington company who will retire at age 60 and expects to live to age 75. the firm has promised a retirement income of $20,000 at the end of each year following retirement until death. the firm's pension fund is expected to earn 7 percent annually on its assets and the firm uses 7% to discount pension benefits. what is barrington's annual pension contribution to the nearest dollar for mr. rossiter? (assume certainty and end-of-year cash flows.)
Answers: 2
Do you know the correct answer?
Which of the following statements reflects the modern concept of economic utility?
A. Brian enjoys...
Questions in other subjects:
Mathematics, 11.02.2022 14:00
Chemistry, 11.02.2022 14:00
English, 11.02.2022 14:00
History, 11.02.2022 14:00
