The Marginal Utility of Eating Sweet Potatoes Is The

question 131

Multiple Choice

The marginal utility of eating sweet potatoes is the:

• A)change in total utility from consuming an additional serving.
• B)total utility divided by the number of servings consumed.
• C)change in total utility divided by the number of servings consumed.
• D)total utility divided by the change in the number of servings consumed.

---

Definitions:

Cash Cycle

The time period it takes for a company to convert its investments in inventory back into cash, through sales.

Accounts Receivable Period

The typical duration in days that a company requires to receive payments from its sales made on credit.

Restrictive Short-Term Financial Policy

A financial strategy that prioritizes maintaining a lower level of current assets relative to liabilities, often to maximize profitability at the expense of liquidity.

Marketable Securities

Financial instruments that can be quickly converted into cash, such as stocks, bonds, or treasury bills, with minimal loss of value.