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Assoli18 [71]
2 years ago
12

The current price of a turkey sandwich is $6. If kyle is currently buying five turkey sandwiches a week, he:_______

Business
1 answer:
Vsevolod [243]2 years ago
4 0

The utility is not maximized since the  marginal utility gained from the fifth sandwich is greater.

In economics, utility refers to the entire satisfaction or benefit gained from consuming an item or service. Consumer utility maximization is commonly assumed in the economic theories based on the rational choice.

In economics, the marginal utility is the additional satisfaction (utility) that a buyer receives by purchasing an additional unit of the product or  the service. It computes utility once the first product is consumed (the marginal amount).

Therefore, the utility is not maximized , from the fifth sandwich onwards the marginal utility is more.

To know more about utility click here:

brainly.com/question/24848038

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A promotional tool in which a company lets consumers have a small sample of a product for no charge is known as?
ioda

Sampling is the promotional tool in which a company lets consumers have a small sample of a product for no charge.

Sampling is a process utilized in statistical evaluation wherein a predetermined wide variety of observations are taken from a bigger populace. The method used to pattern from a bigger populace depends on the form of evaluation being accomplished, but it can encompass easy random sampling or systematic sampling.

The number one intention of sampling is to create a consultant sample, one wherein the smaller institution (sample) appropriately represents the traits of the bigger group (population). If the pattern is properly decided on, the sample can be generalizable to the populace. there are many methods to attain a sample.

There are most important forms of sampling methods – possibility and non-opportunity sampling. Chance sampling, also known as random sampling, is a form of sample selection in which randomization is used rather than planned desire.

Learn more about the Sampling here brainly.com/question/12892403

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5 0
2 years ago
Why is it important to invest
Svetradugi [14.3K]

it's important to invest so you can have a better life once that thing you invested in makes you money and not all of them do so keep that in mind

3 0
3 years ago
Under the flsa, what information concerning employees' wages earned must be maintained by the employer?
Ksju [112]

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4 0
3 years ago
A process cost system would be appropriate for a a.jet airplane builder b.custom cabinet builder c.catering business d.natural g
lozanna [386]

Answer:

D. Natural gas refinery

Explanation:

Processing cost system is when identically units are mass produced. It involves assigning materials, factory labour, overhead cost and so on in an effort to value finished goods inventory. Process cost involves allocation of cost for different set in each process. It helps in determining total cost of producing a unit of commodity. It is best suited for the natural gas refinery because of the various steps involved in the processing and manufacturing of products as cost can be identified and allocated for each steps and also because what is produced are identical units which are mass produced.

3 0
3 years ago
. Jeff works as a computer repair technician. He has money in a savings account and he owns some stock. What types of income doe
Alex17521 [72]
I think the correct answer from the choices listed above is the last option. H<span>e earns a salary from his work, interest on his savings account, and dividends on his stock holdings. Hope this answers the question. Have a nice day.</span>
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3 years ago
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