find average utility, if total utility of 7 commodities is70​

Answers

Answer 1

Answer:

10

Explanation:

The average utility is the total utility derived from the consumption of goods and services divided by the total number of items consumed.

i.e,. total utility/items consumed

In this case, the total utility is 70, and the number of items consumed is 7.

Average utility = 70/7

=10


Related Questions

Ilene rents her second home for the entire year. During the year, Ilene reported a net loss of $10,700 from the rental. If Ilene is an active participant in the rental and her AGI is $142,500, how much of the loss can she deduct against ordinary income in the year?

Answers

Answer:

$3,750

Explanation:

(142,500-100000)*50% = 21,250

25,000-21,250 = $3,750

Ilene can claim a deduction up to a maximum limit of $3,750 against her ordinary income for that financial year, in case of meeting with the above conditions.

What is deduction?

Deduction refers to as the amount which a person can claim as being exempt from tax during the year in which a person is liable to pay taxes as such. There is a capacity of standard deduction of $100,000 for a year.

Deduction in the above case will be half of the amount left after considering a standard deduction from the AGI will be $21,250. Now, maximum allowed deduction will be deducted from an amount of $25,000.

This can be calculated as,

[tex]\rm Deduction= Maximum\ Allowed\ Limit- Actual\ Liability\\\\\rm Deduction= 25000 - 21250\\\\\rm Deduction=\$3750[/tex]

Hence, the significance of deduction is aforementioned.

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Why would someone choose to start a franchise business?

Answers

Answer:

The franchise organization model offers the franchisee the ability to grow under a common brand and share in the benefits of a larger group of business owners. ... Training from successful business operators. A lower risk of failure and/or loss of investments than if you were to start your own business from scratch.

Match the item with the section of the marketing plan it belongs in. To match the items, click the item, and then click the section.
Match the item with the section of the marketing plan it belongs in.



To match the items, click the item, and then click the section.

The amount you plan to spend on each promotional strategy.

Marketing message

The number of sales you plan to have in the next year.

Product description

Strengths and weaknesses of other companies that provide similar products.

Other marketing goals

The message about your product's benefits that you plan to convey to your target market.

Budget

The percentage of customers who say they are highly satisfied in your customer profile survey.

Competition

The qualities you want to have people associate with your product.

Pricing

A list of the product's features.

Market research

How the cost of your product will support your brand image and marketing message.

Brand image goals

A description of general economic trends and how they are likely to affect the target market.

Promotional strategies

Ways you will communicate with your target market.

Financial goals

Answers

Answer:

1. Budget.

2. Financial goals.

3. Competition.

4. Marketing message.

5. Other marketing goals.

6. Brand image goals.

7. Product description.

8. Pricing.

9. Marketing research.

10. Promotional strategies.

Explanation:

1. Budget: The amount you plan to spend on each promotional strategy.

2. Financial goals: The number of sales you plan to have in the next year.

3. Competition: Strengths and weaknesses of other companies that provide similar products.

4. Marketing message: The message about your product's benefits that you plan to convey to your target market.

5. Other marketing goals: The percentage of customers who say they are highly satisfied in your customer profile survey.

6. Brand image goals: The qualities you want to have people associate with your product.

7. Product description: A list of the product's features.

8. Pricing: How the cost of your product will support your brand image and marketing message.

9. Market research: A description of general economic trends and how they are likely to affect the target market.

10. Promotional strategies: Ways you will communicate with your target market.

Answer:

1. Budget.

2. Financial goals.

3. Competition.

4. Marketing message.

5. Other marketing goals.

6. Brand image goals.

7. Product description.

8. Pricing.

9. Marketing research.

10. Promotional strategies.Explanation:

Macroeconomics is the study of economics on a very small scale

Answers

Wow I have never seen this

Type the correct answer in the box. Which Financial Assets can be traded on the stock market?

_____ are tradable financial assets that are sold and bought on the stock market.​

Answers

Your answer is Treasury Bill!

Hopefully, this helps! :D

Please give branliest!

Insurance rates are lower for those with poor credit true or false ?

Answers

false, credit score does affect insurance but just because someone has bad credit doesn’t mean they get lower insurance rates

41. You own 25% of Unique Vacations, Inc. You have decided to retire and want to sell your shares in this closely held, all equity firm. The other shareholders have agreed to have the firm borrow $1.5 million to purchase your 1,000 shares of stock. What is the total value of this firm today if you ignore taxes? A. $4.8 million b. $5.1 million c. $5.4 million d. $5.7 million e. $6.0 million

Answers

Answer:

e. $6.0 million

Explanation:

The computation of the total value of the firm is shown below:

The Value of the firm is

= Amount borrowed ÷ ownership percentage

= $1,500,000 ÷ 0.25

= $6,000,000

Hence, the total value of the firm is $6,000,000

Therefore the correct option is e.

We simply applied the above formula so that the correct value could come

And, the same is to be considered  

Police: 911, what’s your emergency
Me: omae wa mou shindeiru ✨nani?!?✨
Police: *ded*

Answers

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distinguish between regional level and national level employment giving adequate example​

Answers

I don’t get it umm maybe try explaining it more

Which of the following is a source of insurance? *

Answers

Answer:

Court ruling

Regulations

1. Explain the computation of the monetary multiplier.

Answers

The money multiplier is defined as the amount of money the banking system generates with each dollar of reserves. ... Thus, the money multiplier can can be calculated as the inverse value of the reserve ratio. That is, if the reserve ratio is R, the money multiplier is 1/R.

Give a least two reseons why u think your product and country would be a good idea

Answers

Answer:

my Product and Country Would be a good idea because instead of charging taxes I would make sure everyone is not at the same level but to a point to where no one is homeless or in need of help my product would be something that could make food for free and anytime food is not hard to come by but the wealthy buys so much food that they don't need and discard that those who do need the food cannot retrieve the food because it is already gone being wealthy is nice but if I was wealthy I would try to at least let those around me either become wealthy or make sure they never need something to the point they could die for it.

Explanation:

Allocate $249,000 net income by providing annual salary allowances of $66,000 to Ries, $56,000 to Bax, and $80,000 to Thomas; granting 10% interest on the partners' beginning capital investments; and sharing the remainder equally.

Answers

Answer:

Some information was missing: Ries invested $80,000 , Bax invested $112,000, and Thomas invested $128,000.

allocation of profits:

Ries = $66,000 + ($80,000 x 10%) = $74,000

Bax = $56,000 + ($112,000 x 10%) = $67,200

Thomas = $80,000 + ($128,000 x 10%) = $92,800

total = $234,000

remaining profits = $249,000 - $234,000 = $15,000 / 3 = $5,000

total allocation of profits:

Ries = $79,000Bax = $72,200Thomas = $97,800total = $249,000

What does the functional organizational structure organize employees by?

Select one:
a. specialty
b. product
c. profit
d. age

Answers

Answer:

D

Explanation:

I hope this is correct and have a great day

Which type of communication is usually handwritten?
A.
a business letter
B.
a memorandum
C.
a note
D.
an email
E.
a résumé

Answers

Answer:

C. a note

Explanation:

Notes are informal handwritten messages.

A note is a type of communication is usually handwritten. Thus, the correct option is C.

What is communication?

Communication is the process of exchanging information, ideas, or messages between individuals or groups through various means, such as speech, writing, body language, or technology.

The sender is the person who initiates the communication and encodes the message, while the receiver is the person who receives and decodes the message. The medium is the channel through which the message is transmitted, such as speech, writing, or electronic devices.

Feedback is the response or reaction of the receiver to the message, which helps to ensure that the communication is understood and effective.

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You have data showing demand for plumbing services rising for each of the last five years. This would best be displayed on a:


a) Line graph
b) Scatter plot
c) Pie chart

Answers

Answer:

Line gray

Explanation:

Each of the last five years has shown an increase in demand for plumbing services, according to the data. A line graph would be the best way to show this.

Option A is the best option that displays the best about the rising plumbing demands.

Why do line graphs display the best?

Line graphs are used to track changes across time, both short and long.

When there are fewer changes, line graphs are preferable over bar graphs.

Line graphs can also be used to compare changes for multiple groups over the same time period.
Line graphs are valuable because they clearly display data variables and patterns, and they can aid in making predictions about the outcomes of data that has not yet been recorded.

For more information about line graphs, refer below

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After asking coworkers to review a project plan, you receive feedback. Your coworker thinks there is a better way to display the data in the business report.You should add a
title
reference
abstract
table

Answers

Answer:

table

Explanation:

Demand for a good will MOST likely decrease when
A
there are many substitutes for it.
B
the price of it decreases.
C
consumer income rises by ten percent.
D
retailers sell out of the product.

Answers

Answer:

A. There are many substitutes for it.
I’d Definitely say A.

Mark works as a business analyst and wants to manage tasks for timely delivery of projects. Which certification will help Mark achieve career growth?
A. project management certification
B. certification in business administration
C. strategic management certification
D. certification in information technology

Answers

Answer:

A. project management certification

hope this helps!

You like my koala his name is Fred


Answers

Yes he’s very cute :)

Answer:

i do like your koala

Explanation:

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