Answer: C beyond a certain point, total utility decreases as income rises
- Diminishing marginal utility means that beyond certain point, the total utility from consuming a good decreases, and increasing its consumption monotonically, makes that every additional unit of consumption delivers less utility each time.
- This is because most behavioral consumers models try to emulate the principle of scarcity: the less available units of a good, the more it values.
- Then, an increasing income would allow us to buy more and more goods, and because of the existance of diminishing marginal utility, we would get less utility from consuming additional units of every goods each time.
- As an <u>example</u>,one could think about eating chocolate. The first bar would give us much happiness (utility), but increasing the number of bars consumed would eventually vanish this "happiness".
Answer:
No, Luz is incorrect. Marta's quantity demanded has decreased, but her demand has stayed the same.
Explanation:
For $15 per book, the quantity demanded was 4 books per month.
When the price increases to $20 per book, the quantity demanded fell to 3 books per month.
This shows a decrease in the quantity demanded. A change in demand occurs when the price is constant and quantity demanded changes because of change in other factors. But here the other factors are constant and the quantity demanded is changing due to a change in price.
So, Luz's statement here is incorrect.
Answer: the correct answer would be <u>Profit center.</u>
Explanation:
hope this helps
Answer:
Semen or vaginal secretions
Explanation:
"Bloodborne pathogens" refer to microorganisms that can be found in the blood or body fluids of humans. There are many kinds of bloodborne diseases such as <em>Hepatitis B</em> and<em> Hepatitis C</em> as well as <em>Human Immunodeficiency Virus (HIV).</em> They can be transmitted to another person through <em>having contact with the infected human blood or body fluids.</em>
Assuming that the materials above are not mixed with human blood (meaning, they are not contaminated with blood), then the semen or vaginal secretions are the only materials where the bloodborne pathogens can be transmitted. Thus, it is important <u>not to have sexual contact with the contaminated person such as people with HIV.</u>
So, this explains the answer.
Answer:
c. causes firms to fight for scarce capital investments.
Explanation:
"As with any startup, green-field investments entail higher risks and higher costs associated with building new factories or manufacturing plants. Smaller risks include construction overruns, problems with permitting, difficulties in accessing resources and issues with local labor.
Companies contemplating green-field projects typically invest large sums of time and money in advance research to determine feasibility and cost-effectiveness."
Reference: Chen, James. “Why a Green-Field Investment Appeals to Companies.” Investopedia, Investopedia, 2 Sept. 2019
