Which one of the following statements is correct? The capital gains yield is the annual rate of change in a stock's price. Preferred stocks have constant growth dividends. A constant dividend stock cannot be valued using the dividend growth model. The dividend growth model can be used to compute the current value of any stock. An increase in the required return will decrease the capital gains yield.

(a) when insurance is obtained through a reciprocal insurer, the insureds are sharing the risk of loss with other subscribers of that reciprocal.

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what are the sentences? so we can answer the question.

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.