1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
weqwewe [10]
1 year ago
9

Kyle would increase his consumption of turkey sandwiches from 7 to 9 per week if their price fell from $6 to $4. This illustrate

s the idea of:_______
Business
1 answer:
Brilliant_brown [7]1 year ago
3 0

Kyle would increase his consumption of turkey sandwiches from 7 to 9 per week if their price fell from $6 to $4. This illustrates the idea of<u> the law of diminishing marginal utility.</u>

The introductory economics textbook Principles of Economics was written by N. Gregory Mankiw, a professor of economics at Harvard.

As of 2020, there have been nine editions since its initial release in 1997. Prior to the book's publication, there was debate over the substantial advance author Greg Mankiw received from publisher Harcourt.

More than a million copies have now been sold, bringing in at least $42 million for Mankiw.

Mankiw made the decision to donate the textbook royalties he had been collecting from his students to charity after hearing their concerns about the cost.

Principles of Economics is the required text for introductory courses in American economics departments.

It is the "most commonly used economics textbook," according to its current publisher Cengage.

To learn more about Principles Of Economics here

brainly.com/question/17195696

#SPJ4

You might be interested in
What are the two most popular ways people make networking contacts? 
rjkz [21]

Answer:

Getting a personal introduction to a strategic investor or business partner means everything to an entrepreneur. Likewise, executives depend on being able to pick up the phone to get insights into a new market or find the world's greatest marketing guy.

6 0
3 years ago
Read 2 more answers
The value of an investment increases by 0.05 % each day. by what percent does it increase in a year?
iVinArrow [24]
18.25%

0.05% x 365 (days in a year) 

5 0
3 years ago
Information technology can be used to support _______________. product development teams customer support processes any other bu
Nadusha1986 [10]
Information technology can be used to support - D. all the choices are correct. All of these choices can benefit from information technology, whether those are product development teams, customer support processes, or any other business activities. Information technology nowadays is a must-have, because basically everything today is done using computers or the Internet, which is why all employees should be technologically-literate. 
6 0
3 years ago
ane is planning to offer a Groupon for inner tube rentals that she will distribute on hot, sunny, summer days by the river that
sweet [91]

Probability assigned:|

x 30 60 120 180

P(x) .10 .40 .40 .10

Answer:

Jane

Price of Groupon for a revenue of $300 is:

$3

Explanation:

a) Data and Calculations:

Expected Sales volume:

Number of Tubes  x   30     60      120     180

Probability P(x)           .10     .40      .40      .10

Expected values          3      24       48       18

Total = 93 tubes

Groupon price = $300/93 = $3.23

b) Jane's price for each Groupon will be the rent revenue per day divided by the expected number of tubes to rent daily.  The expected number of tubes is derived by multiplying each expected number of tubes by its probability and then summing up the results.

6 0
3 years ago
Which of these contains data that identifies a product?
zmey [24]

Answer:

A. UPC

Explanation:

A UPC is an acronym for universal product code. UPC is typically used for the identification of a specific product and its manufacturer (vendor) through a unique code that is printed on the product.

Basically, a universal product code (UPC) comprises of two (2) main parts;

  • A machine-readable barcode that contains sets of vertical black lines.
  • A unique twelve (12) digit number placed beneath or adjacent to the machine-readable barcode.

The first six-digits of the UPC represents the manufacturer and is printed on all of its products while the next five-digits is the product's unique reference number (item number) and the last digit is typically known as a check digit, used for the verification of the authenticity of a UPC.

Generally, the universal product code are usually scanned with a barcode scanner and this makes it easier to identify a product, as well as its price.

<em>Hence, a universal product code (UPC) contains data that identifies a product. </em>

6 0
3 years ago
Other questions:
  • Renfroe Corporation is considering the purchase of a machine that would cost $22,712 and would have a useful life of 5 years. Th
    8·1 answer
  • Do you believe the cash flows from investing activities should include not only the return of investment, but also the return on
    6·1 answer
  • Suppose that disposable income, consumption, and saving in some country are $200 billion, $150 billion, and $50 billion, respect
    15·1 answer
  • For what purpose are goods and services produced in a socialist economy
    5·1 answer
  • Storm Concert Promotions Valle Home Builders
    13·1 answer
  • The current rates are: (1) Spot exchange rate: $2.00/£; (2) 90-day USD denominated bonds: 2% (8% annual); (3) 90-day UK pound de
    12·1 answer
  • Country A and Country B have had an informal trading arrangement for many years wherein merchants on the border of the countries
    10·1 answer
  • Jerod is relatively new to Xenon Corporation and wants to make sure that he makes a good impression on his co-workers and superv
    9·1 answer
  • g 7. Problems and Applications Q3 Gilberto loves watching Downton Abbey on his local public TV station, but he never sends any m
    13·1 answer
  • If a tax is levied on the sellers of a product, then the demand curve will a. become flatter. b. not shift. c. shift up. d. shif
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!