According to the law of diminishing marginal utility, a)Consumers do not behave rationally when consuming additional units of the same good.
b)The second unit of the same good generally has no utility.
c)As prices go down, consumers will purchase more of a good, ceteris paribus.
d)At a certain point, each additional unit of a good consumed yields less additional utility.

Omnidata uses the annualized income method to determine its quarterly federal income tax payments. it had $100,000, $50,000, and $90,000 of taxable income for the first, second, and third quarters, respectively ($240,000 in total through the first three quarters). what is omnidata's annual estimated taxable income for purposes of calculating the third quarter estimated payment?

Arestaurant that creates a new type of sandwich is using (blank) as a method of competition.

Mikkelson corporation's stock had a required return of 12.50% last year, when the risk-free rate was 3% and the market risk premium was 4.75%. then an increase in investor risk aversion caused the market risk premium to rise by 2%. the risk-free rate and the firm's beta remain unchanged. what is the company's new required rate of return? (hint: first calculate the beta, then find the required return.) do not round your intermediate calculations.