Answer:A
Explanation:
A soft drink will definitely be a poor comparison menu because it initially started the experiment with a bacon cheeseburger. From the experiment, it doesn't correlate with the representativeness.
Answer:
E. decreasing marginal benefit.
Explanation:
The law of diminishing marginal utility can be explained as whenever there is rise in the supply of particular goods/services, then the marginal utility falls. Utility in Economics can be regarded as Satisfaction derived from particular goods/services.
Therefore, in the case of the question, point that each glass of lemonade consumed on a hot day brings lower and lower levels of satisfaction is known as the principle
decreasing marginal benefit. Because as the consumption of the lemonade increases, marginal utility gotten from
every added units taken will start reducing like that.
Answer
The answer and procedures of the exercise are attached in the image provided below.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer:
Yes.
Explanation:
Christopher can accept referring fee from Jose for clients referred to him but he should disclosed this fee as referring fee since he is a licensed agent. Jose may or may not disclose referral fee paid by him since he is not registered sales agent and Mexico does not require any kind of license for brokerage activity.
