Answer:
The answer is: No, Charley is not maximizing his utility.
Explanation:
In order for Charley to maximize his utility he should be buying only additional soft drinks.
A soft drink has a marginal utility of $50 and it costs $3. For every dollar Charley spends on an additional soft drink his utility will be $16.67.
A pizza slice has a marginal utility of $30 and it costs of $2. So for every dollar Charley spends on an additional slice of pizza his utility will be $15.
Answer:
$5,055,000
Explanation:
Note: <em>The full question is attached below</em>
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Particulars Amount
Cash $875,000
Accounts receivable $2,695,000
Less: Installments not due in 2021 <u>($600,000)</u> $2,095,000
[$1,200,000 - ($150,000 * 4)]
Inventory <u>$2,085,000</u>
Total of current assets <u>$5,055,000</u>
Answer:
The correct answer is letter "D": voluntary.
Explanation:
Voluntary turnover refers to the situation in which employees quit their jobs because of several reasons: inadequate work conditions, low wages, or better job opportunities are some of them. In some other cases, the lack of opportunities to follow a path career pushes employees to look for different companies where to work.
Therefore, <em>the software firm of the example is looking for the voluntary turnover of its designers to avoid the process of firing them.</em>
Answer:
Publicity
Explanation:
The fact that the Mogul-Sherston hotel was offering free camel and elephant rides to customers and very few took up the offer shows a publicity gap in services marketing.
In services marketing, the marketing team is expected to make all the customers or intended audience know all the services and offers that are available to them. This can be achieved by use of fliers, Bill boards, television and radio advertising, and door to door advertising.
Because the services marketing team didn't reach out to a lot of customers, informing them about the fantastic offer on display, very few knew about the offer and took advantage of it.