As we use much more of a product, we experience a diminishing marginal utility.
<u>Explanation:
</u>
The Law of Marginal Benefit Declining says that somehow the marginal use of each extra unit declining rises as consumption. The limited utility is generated as the utility shift is absorbed by a supplementary unit. Utility is an economic principle used to describe pleasure or satisfaction.
For example, a person may purchase a certain brand of chocolate for a little while. Soon, they may buy too little and choose another type of chocolate or buy cookies alternatively, because the fulfilment they initially received from chocolate is declining.
It is important to note that politics and the economy have effects on the transportation industry, as the industry is ever changing with new policies, regulations, or capacity issues.
Politicians and the policies they create dictate the US economy, effecting all industries. It is seen that the transportation industry saw effects because of the trade and tariff wars. The overall regulations depend largely on the economic and political outlook of the party in power.
For instance, a government that is inclined to pursue neo-liberal policies, could pass more legislations favoring industries and big businesses, while a government inspired by socialism could push policies favoring small businesses.
Hence, the answer was given and explained above.
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The closing costs are only paid once, unless they are included in the amount borrowed with the mortgage. than it is included in the mortgage payment
The following payments must be paid monthly,
Mortgage
Property taxes
dependable source of income
This answer must be shown to get a mortgage
So closing costs is the exception.
Answer:
the maturity date is August 12
Explanation:
The computation of the maturity date of 60 day note receivable dated on June 17 is as follows
Here we have to determine the 60 days from June 17
So in June, the remaining days left would be = (30 - 17) = 13
31 days in July
And, the rest of the days i.e. 12 days in August
So, the maturity date is August 12
Hence, the same would be considered
and, the same is relevant
Rather than providing numerical data, qualitative data provides in-depth verbal or visual information on consumers' views, feelings, and purchasing patterns.
- This study employs a small sample size, is non-linear and cyclical, and seeks to methodically reveal the breadth of human experience within its context. It also focuses on depth rather than breadth. The goal of qualitative research is to discover meaning and understand how people interpret their experiences, construct their worlds, and give meaning to their experiences.
- Qualitative research entails gathering and analyzing non-numerical data to better understand ideas, opinions, or experiences. It can be used to uncover intricate details about a problem or to generate new research ideas.
Thus this is what it means by Qualitative Research.
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