Use the Following to Answer Question(s)

question 124

Multiple Choice

Use the following to answer question(s) :
-(Exhibit: Utility) The marginal utility for the fifth unit is:

• A) 15.
• B) 10.
• C) 5.
• D) 0.

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Definitions:

Operating Expenses

The costs associated with running the day-to-day operations of a business, such as rent, utilities, and payroll.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded against a fixed asset over its useful life, reducing its book value.

Fixed Asset

Long-term tangible property or equipment that a firm owns and uses in its operations to generate income, typically not expected to be converted to cash within a year.

Fixed Asset Turnover

A ratio that measures a company's ability to generate sales from its fixed-assets investments such as property, plant, and equipment.