Rewrite the Fraction as a Decimal Number $\frac { 97 } { 200 }$

question 248

Multiple Choice

Rewrite the fraction as a decimal number.
- $\frac { 97 } { 200 }$

• A) 0.496
• B) 0.485
• C) 0.445
• D) 0.476

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Definitions:

Marginal Utility

The added contentment or utility one gains from using an additional unit of a good or service.

Transferring Income

Transferring income involves reallocating resources or money from one group to another, often through mechanisms like taxation, welfare, or subsidies.

Total Utility

describes the total satisfaction or benefit that a consumer derives from consuming a certain quantity of goods or services.

Income Redistribution

The policy or process by which income is reallocated among individuals or groups in a society to reduce inequality.