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forsale [732]
3 years ago
8

What is the difference between ordinal utility and cardinal​ utility? Ordinal utility refers to A. satisfaction when consumers a

re not rational​, while cardinal utility is satisfaction when consumers are rational. B. an interpersonal comparison of​ satisfaction, while cardinal utility is a ranking of market baskets using arbitrary numerical values. C. a ranking of market baskets in order of most to least​ preferred, while cardinal utility indicates how much one market basket is preferred to another. D. a ranking of market baskets based on income​, while cardinal utility is a ranking of market baskets based on consumption. E. a ranking where the intensity of preferences is​ quantified, while cardinal utility is a number that by itself has no meaning.
Business
1 answer:
adoni [48]3 years ago
5 0

Answer:

I strongly believe that the correct answer is B. Im going to give an example. if we take into account a company like Honda produces 4000 units, for example Mercedes Benz produces 7000 units, this is very important for welfare economics which tries to put values on consumption.

Explanation:

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In order to build large production units and expedite certain routine government actions related to this, Scorpius Inc. made leg
const2013 [10]

Answer:

b. speed money

Explanation:

Speed money -

It refers to the amount of money provided in order to increases the time period of any process or task , is referred to as speed money .

It is also known as grease payments .

It is different from the bribe , as bribe is given in order to approve the activity or task .

But speed money is used to hasten the time period .

Hence , from the given question ,

The correct answer is speed money .

3 0
3 years ago
What are the criteria for distinguishing between a deductible expense and a capital expenditure?
Lelu [443]

The criteria for distinguishing between whether an expenditure is a capital item or a deductible expense is the useful life of the item.

If the purchase is going to be used and no longer have value at the end of the reporting period it is an expense for that period. If the item is a capital item it is going to have a longer useful life. In this case the item is depreciated over its useful life, assigning an expense amount to each accounting period that the item has value.

6 0
3 years ago
A ratio of 2:2:1 means:
Klio2033 [76]
There are six parts pdlf 2:21
6 0
3 years ago
Competition between the firms leads to greater marketing expenses. <br><br> a. True<br> b. False
ss7ja [257]
True. With competition in a market, firms have to compete to stay ahead of the others
5 0
3 years ago
At green acres fencing company, eight employees each perform various aspects of the company's work. one person does sales, four
miss Akunina [59]
<span>The fact that the Green Acres Fencing company differentiate the jobs and aspects of the company's work of the employees means that this type of organization reflects Fayol's principle of division of labor. The term division of labor means </span><span>the separation of a work process into a number of tasks</span>
8 0
3 years ago
Read 2 more answers
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