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PtichkaEL [24]
9 months ago
8

if a person is highly risk averse, the marginal utility associated with a negative outcome outweighs the marginal utility from a

positive outcome. higher; higher lower; lower higher; lower lower; higher
Business
1 answer:
Ratling [72]9 months ago
6 0

If a person is highly risk averse, the higher marginal utility associated with a negative outcome outweighs the lower marginal utility from a positive outcome.

<h3>What is marginal utility?</h3>

The extra satisfaction which a consumer receives from possessing one more unit of an item or service is known as marginal utility.

The concept of marginal utility is helps in describing how customers make decisions to get the most out of their limited budgets. In general, until the marginal utility exceeds the marginal cost, consumers will keep buying more of a good.

There are three types of Marginal utility:

  1. Positive Marginal Utility: When having more of something provides you more happiness, you have positive marginal utility. Assume you regularly eat a piece of cake, however a second piece would bring you even more joy. Then the marginal utility from cake consumption is positive.
  2. Zero Marginal Utility:  It occurs when using more of an item provides no additional measure of satisfaction. For instance, you might feel reasonably full after 2 pieces of cake but not significantly better after a third slice. Your marginal utility on eating cake is 0 in this situation.
  3. Negative Marginal Utility: It occurs when you have an abundance of an item, and ingesting more is really hazardous. After eating three slices of cake, the fourth piece of cake may potentially make you sick.

To know more about Marginal utility, check out:

brainly.com/question/15050855

#SPJ4

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Which of these goals is specific?
stellarik [79]
The first one is specific because it tells what kind of traveling they want to check that their friends have done
6 0
3 years ago
The key to managing relationships to achieve customer success is __________________?
shtirl [24]

The key to managing relationships to achieve customer success is <u>to </u><u>coordinate your unique talents</u><u> with the</u><u> success criteria</u><u> of your clients.</u>

<h3>What is customer success?</h3>

Customer Success is a long-term, professionally managed, scientifically developed business strategy for increasing customer and business sustainable demonstrated profitability.

A solution to the fundamental problems of customer portfolio development, retention, and expansion is what the developing role is all about. Customer Success is actually the merging of the roles and responsibilities of marketing, sales, professional services, training, and support into a new career. An in-depth understanding of the clients, practical skills in the product being sold, and broad domain knowledge are the three fundamental components of this rising profession.

Sustainable business profitability and growth are the ultimate strategic objectives of the Customer Success function. Making your clients as profitable and productive as you can is the strategy.

Thus,<u> </u><u>Option c)</u><u> To align your distinctive competencies with customers' success factors </u>is the correct answer.

For more information on Customer Success, refer to the given link:

brainly.com/question/28218612

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4 0
1 year ago
Capital allocation line is _______________ Question 18 options: plot of risk-return combinations available by varying portfolio
NemiM [27]

Answer:

plot of risk-return combinations available by varying portfolio allocation between a risk-free rate and a risky portfolio

Explanation:

The capital allocation line (CAL) is called as the capital market line tha developed on the graph for all the expected combinations related to the risk-free and risk assets. In this, the graph presented the return investor that expected earn by assuming the particular level of risk along with the investment

Therefore the first option is correct

7 0
3 years ago
Researchers now recognize three major types of behavior that constitute performance at work. Which of the following are these th
valina [46]

Answer:

Answer 1: task performance, citizenship, counterproductivity

Answer 2: Citizenship.

Explanation:

Here is the complete question: Question 1: Researchers now recognize three major types of behavior that constitute performance at work. Which of the following are these three major types of behavior?

     a. task performance, productivity, tenure.

     b. productivity, efficiency, absenteeism.

     c. task performance, citizenship, counterproductivity

     e. Citizenship, counterproductivity, personality.

     f.  leadership, knowledge, efficiency.

Question 2: Treating co-workers with respect, making constructive suggestions, and saying positive things about the workplace are a part of the ________ behavior that constitutes performance at work.

Citizenship refer to actions that contribute to the psychological environment of the organization, such as helping others when it is not required. It benefit the team and organization in better functioning and effieciency. These behavior are generally recognized by boss and business leaders.

3 0
3 years ago
Carla Vista Enterprises buys back 600,000 shares of its stock from investors at $6.50 a share. Two years later, it reissues this
photoshop1234 [79]

Answer:

Debit to cash is $3,900,000

Explanation:

The journal entry for recording this given transaction is as follows

Cash Dr (600,000 shares × $6.50) $3,900,000

       To Additional paid in capital (600,000 shares × $0.50) $300,000

       To Treasury stock (600,000 shares × $6.00) $3,600,000

(Being the stock reissued for cash is recorded)

for recording this we debited the cash as it increased the assets and credited the treasury stock as it reduced the treasury stock balance and credited the additional paid in capital

8 0
3 years ago
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