True
I had this question in my lesson already it’s true
The negative relationship between the quantity of a good, service, or resource and the marginal utility obtained from each additional unit consumed in a given period of time describes diminishing marginal utility.
<h3>What is
diminishing marginal utility?</h3>
Marginal utility is the increase in utility as consumption is increased by one unit.
According to the law of diminishing marginal utility, as more of a product is consumed, utility increases at a diminishing rate. Economic theory suggest that consumption is maximised when marginal utility is equal to marginal revenue.
To learn more about diminishing marginal utility, please check: brainly.com/question/13998299
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Answer:
True
Explanation:
The finance function is a shared function, it supports almost all the sections in a business enterprise. the role of finance in health cuts across all departments.
In the area of cost containment, the finance unit is the cost leader, it is the unit that lead and drive any cost control measure in an organization and healthcare sector is an exception.
The finance section participates directly and also provides the financial data that helps in negotiating with suppliers and demanding for various kinds of discounts and rebates.
The finance role in Joint venture activities cannot be over emphasized, it is the unit that keeps record of transactions and measure the profit or loss from the venture and advise management on the appropriate course of action.
The budget and budgetary control that drives operation of the heath sector is handled by the finance unit.
Rescission of the contract, which is cancelling the contract and making the parties as close to how they were before the contract started as possible.
Answer:
focus group
Explanation:
A focus group refers to a reearch method in which companies invite a group of people that is part of a target market to have a discussion about a specific product, service, topic to analyze their reactions and collect information to make decisions. According to this, the answer is that in a(n) focus group, an intensive research technique, a company invites six or more people typical of the target market to a session to discuss the product, the service, or the marketing situation.
