Answer:
If you can prevent a nonpaying consumer from having access to a good or service, that good is excludable. For example, only clients that buy a ticket can enter a movie theater and watch the movie.
A good or service that can be consumed by only one consumer (or a specific number of consumers) is rival in consumption because other people cannot consume them simultaneously. For example, once the movie theater sold out, no more people can get inside and watch the movie.
Answer:
SWOT analysis
Explanation:
SWOT analysis -
It refers to the planning method , which is adapted by the organisation or person , in order to analyse and determine the weakness , strength and opportunities for the organisation , is referred to as SWOT analysis .
The method is useful for the betterment of the organization or company .
Hence , from the given scenario of the question,
The correct term is SWOT analysis .
Answer:
c. Cost of goods sold is recorded with each sale.
Explanation:
In the perpetual inventory system, the inventory is recorded. It helps to keep the inventory records during the particular period.
The examples are purchase, purchase return, sales and sales return and sales discounts and purchase discounts
After each transaction, the inventory and the costs of goods sold are updated after each sale
Both of the president are not good president to be honest
Answer: marginal utility of ice cream cones to the marginal utility of ice cream sandwiches.(A)
Explanation:
Indifference curve is the graph showing the combination of two goods that provide the consumer equal utility and satisfaction. Every point on the indifference curve shows that a consumer is indifferent with regards to the two goods and all points will give him the same utility.
The slope of the indifference curve is also called the marginal rate of substitution and it declines as the quantity of X rises relative to the quantity of Y.
