A rational individual bought a good at S 20 per unit and achieved equilibrium when the 10th unit was…

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A rational individual bought a good at S 20 per unit and achieved equilibrium when the 10th unit was consumed, this implies that the marginal utility of this unit is

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Here are the solutions to the questions: Question 6: Step 1: In consumer equilibrium, the marginal utility (MU) of the last unit consumed is equal to its price (P). Step 2: Given that the price per unit is $20, the marginal utility of the 10th unit at equilibrium must also be $20. The correct option is A. A. 20 utils. Question 7: Step 1: A public limited liability company (PLC) is characterized by its ability to offer shares to the general public. Step 2: To ensure transparency and protect public investors, PLCs are legally required to publish their financial accounts. The correct option is B. B. it is required by law to publish its accounts. Question 8: Step 1: Rapid economic development often involves a shift from primary sectors (like agriculture) to secondary and tertiary sectors. Step 2: The manufacturing sector is known for its capacity to create a large number of jobs, drive industrialization, and add significant value to raw materials, thus playing a crucial role in enhancing a country's rapid economic development. The correct option is D. D. manufacturing sector.

A rational individual bought a good at S 20 per unit and achieved equilibrium when the 10th unit was consumed, this implies that the marginal utility of this unit is

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Step-by-step solution

Part 6· 2 steps

In consumer equilibrium, the marginal utility (MU) of the last unit consumed is equal to its price (P).

Given that the price per unit is $20, the marginal utility of the 10th unit at equilibrium must also be $20.

Part 7· 2 steps

A public limited liability company (PLC) is characterized by its ability to offer shares to the general public.

To ensure transparency and protect public investors, PLCs are legally required to publish their financial accounts.

Part 8· 2 steps

Rapid economic development often involves a shift from primary sectors (like agriculture) to secondary and tertiary sectors.

The manufacturing sector is known for its capacity to create a large number of jobs, drive industrialization, and add significant value to raw materials, thus playing a crucial role in enhancing a country's rapid economic development.

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