Shanta is renting beachfront property in malibu. the unfurnished bungalow has two bedrooms, one bathroom, and is right on the beach. shanta's monthly rent is $1,600. her landlord, harold, is requiring a $6,400 nonrefundable security deposit. this amount includes her first month's rent. is this an acceptable amount for a security deposit? (a) no, the maximum security deposit allowed in california for an unfurnished property is two months' rent. the correct amount would be $4,800, including the first month's rent. additionally, security deposits cannot be labeled as nonrefundable.(b) no, the maximum security deposit allowed in california for an unfurnished property is one month's rent. the correct amount would be $3,200, including the first month's rent and the security deposit. additionally, security deposits cannot be labeled as nonrefundable.(c) yes, the maximum security deposit allowed in california for an unfurnished property is three months' rent. the amount of $6,400 includes the first month's rent. however, the security deposit cannot be labeled as nonrefundable.(d) no, there is not a maximum security deposit regulation in california. landlords may decide on the amount based on the property's value.

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

answer: marginal utility of the fourth brownie is 0.

explanation: marginal utility is the addtional utility gained from the consumption of one more unit of a good. it is given by,

so, marginal utility at the 4th unit will be given by

since, the values are not given here, you can simply find marginal utility at fourth unit by subtracting total utility at 3rd unit from total utility at 4th unit.