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SashulF [63]
1 year ago
11

A utility-maximizing consumer buys so as to make ________ for all pairs of goods.

Business
1 answer:
Oksanka [162]1 year ago
8 0

A utility-maximizing consumer buys so as to make MUx/MUy = Px/Py for all pairs of goods.

Utility is a concept in economics that is used to simulate worth or value. Its application has drastically changed over time. Moral philosophers like Jeremy Bentham and John Stuart Mill first used the phrase to define pleasure or happiness as a component of the utilitarianism hypothesis.

It is a gauge of how contented a person feels after consuming certain goods. It is a measurement of the utility a consumer derives from any good, in other words. A utility is a way to quantify how much a person appreciates a particular movie, dish, or product.

Learn more about utility here

brainly.com/question/24922430

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The answer is true!!
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A company that continually adds more features to an existing product to try to appeal to more customers may end up overwhelming
LuckyWell [14K]

A company that continually adds more features to an existing product to try to appeal to more customers may end up overwhelming customers and create an unintended consequence known as Feature fatigue.

<h3>What is Feature fatigue?</h3>
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  • To prevent feature fatigue, focus on usability rather than utility. Display specific characteristics as appropriate. Keep to your initial product vision. Turn on features for those consumers who specifically require them.

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brainly.com/question/19594716

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7 0
2 years ago
The __________ approaches her social world with practical knowledge, whereas the __________ approaches the world by using reason
Mnenie [13.5K]

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A social media analyst is a person who always assesses your logo's owned statistics, campaign and content material performance and social listening statistics, and interprets all of it inevery day actionable business tips.

An analyst gathers, interprets, and makes use of complex records day-to-day to develop actionable steps as a way to improve strategies and optimize consequences. She or he assesses organization and client wishes, gets strong facts, and analyzes it, looking for telltale trends or areas for development.

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7 0
1 year ago
Investors in closed-end funds who wish to liquidate their positions must a.sell their shares to other investors. b.sell their sh
Molodets [167]

Answer:

The correct answer is letter "A": sell their shares to other investors.

Explanation:

Closed-end funds are pools of assets that at the beginning raise a fixed amount of income thanks to an <em>Initial Public Offering</em> (IPO) and later on trades in a public stock exchange. Close-end funds are said to provide higher returns than open-end funds. <em>When investors have a position with a closed-end fund, to exit it the number of shares held must be sold to another investor.</em>

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2 years ago
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mr_godi [17]
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