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ElenaW [278]
3 years ago
8

Which of the following choices is an example of an intangible item??

Business
1 answer:
Sedbober [7]3 years ago
7 0

<u>Answer:</u>

<em><u>an online editing service</u></em>

<em><u /></em>

<u>Explanation:</u>

An example of an intangible item is <em><u>an online editing service.</u></em> An intangible item is something that does not have an actual physical presence. Take a look at the following lists to get a better understand of an intangible vs. tangible item.

<em>intangible items:</em>

<em>- insurance </em>

<em>- software</em>

<em>- data</em>

<em />

<em>tangible items:</em>

<em>- food</em>

<em>- computers</em>

<em>- phones</em>

<em />

Since <em><u>an online editing service</u></em> is the only item that you cannot physical touch, this is the intangible item.

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Answer:

c. has decreasing slope and a person is risk averse.

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The marignal utility of wealth represent that the subsequent utility of the person wealth is not perceived as necessary/joyful as the previous one.

This makes the slope of the utility function to go upward but at slower grow.

The first units of wealth produce a great improvement in utlity compared with the followings just like in any other good or service provided in the economy.

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it is usually less expensive to rent an apartment than to purchase a similar sized home when chapter 15
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It is usually less expensive to rent an apartment than to purchase similar sized home when the land in the area is overprized.

<h3>What is an apartment?</h3>

An apartment, also known as a flat, is a type of residential real estate that is a self-contained living space that is typically one story high and affixed to a building. These general buildings go by numerous names; a list is below. The housing tenure of flats also varies greatly, from large-scale public housing to owner occupancy within what is officially a condominium (strata title or commonhold) to tenants renting from a private landlord (see leasehold estate). The term "apartment" is more frequently used in professional real estate and architectural circles in the UK than in other contexts, where "flat" is more frequently—though not always—used to refer to an apartment with a single level (thus, a "flat" apartment).

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