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4 years ago

As a person receives more of a good, the _______________ from each additional unit of the good declines.

1 answer:

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As a person obtains more of a good, the “marginal utility” from each extra unit of the good declines. Marginal utility is the extra contentment attained by a consumer from consuming one or more part of a good or service provided.

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Tim is a member of the sales department at FreshOveggie, a gourmet grocery store. One of hismajor tasks includes sending e-mails

Zina [86]

Answer:

Explanation:

Variety of sales jobs: There are hundreds, maybe thousands, of different types of sales positions. Almost every good or service you know of has a salesperson who sells it to one or more people.

Types of sales jobs:

-Retail sales person. Sells goods or services to consumers for their personal use.

-Wholesale sales person. Buys products from manufactures and sell to other organizations.

-Manufacturer’s sales representative, typically sell directly to wholesalers or retailers.

-Order taker: usually will ask the customer what he/she wants or wait for the customer to order. They do NOT have a sales strategy and often use no sales presentation. Example: think of a waiter.

-Order getter: get new and repeat business using creative sales strategies and a well-executed sales presentation.

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3 years ago

List three factors to consider when choosing a financial institution

jasenka [17]

When you are considering a financial institution you should consider what type of accounts you want to have, how much money you have and if you want to invest. Different financial institutions offer different rates and benefits for their members so it makes sense to figure out your options based on what you want in return.

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3 years ago

The ideas of Adam Smith and Karl Marx 1. ___ used the metaphor of the "invisible hand" to: a. Describe how the individual pursui

melisa1 [442]

Answer: 1. A - Describe how the individual pursuit of self-interest works to promote the interest of the public as a whole

2. A- Both Adam Smith and Karl Marx believed that humans are motivated by self-interest

Explanation:

1. According to Adam Smith who is known as the father of modern economics stated in his thesis that individual's self-interest and freedom of production as well as consumption is in the best interest of the society as a whole.

Each Individual's free exchange creates signals about which goods and services are valuable. These signals will spontaneously direct competing consumers, producers, distributors, and intermediaries—each pursuing their individual plans— to fulfill the needs and desires of others.

Smith’s invisible hand became one of the primary justifications for an economic system of free market capitalism.

2. Pairing that best describes Adam Smith's view of human motivation in a market economy and Karl Marx's view of human motivation in a communist economy: Both Adam Smith and Karl Marx believed that humans are motivated by self-interest as they both believe that the economy is a capitalist economy that all its good and services are in the hands of private individuals.

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3 years ago

Faulty tools must be recorded first, ________ them and report it to the authorize personnel.

morpeh [17]

Answer:

condemned or thrown I think

3 0

3 years ago

A project has projected values of: unit sales = 1,650, price per unit = $19, variable cost per unit = $7, fixed costs per year =

Lady_Fox [76]

Answer:

Operating cash flow increases by

Correct option is D $1,089

Explanation:

Current operating cash flow

Sales - Costs = $19 X 1,650 = $31,350 - $11,550 - $4,700 -$1,100 = 14,000

Now less: taxes = $14,000 X 34% = $4,760

Net of taxes income = $14,000 - $4,760 = $9,240

This is operating profit

Operating cash flow = Operating profit + Depreciation = $9,240 + $1,100 = $10,340

In case variable cost is decreased by $1 per unit then

Sales - Costs = $19 X 1,650 = $31,350 - $9,900 - $4,700 -$1,100 = 15,650

Now Less: Taxes = $15,650 X 34% = $5,321

Income net of taxes = $15,650 - $5,321 = $10,329

This is operating profit

Operating cash flow = Operating profit + Depreciation = $10,329 + $1,100 = $11,429

Change in operating cash flow = $11,429 - $10,340 = $1,089

Since this value is $1,089 positive correct option is D

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3 years ago