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forsale [732]
4 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]4 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 2019, Sayer, who is single, have an outright gift of $53,000 to a friend, Johnson, who needed the money to pay medical expens
AlekseyPX

Answer:

$53,000

Explanation:

Remember, Johnson, needed the money to pay medical expenses. It is important to note that even though any gift is a taxable gift, there are many exceptions to the tax rule. One such gift that is not taxable is; Medical expenses you pay for someone.

In filing the 2019 gift tax return Sayer would by entitled to an exclusion of $53,000.

6 0
4 years ago
Your company has recently requested that you travel to Dhaka, Bangladesh, to work on negotiations for a new factory to be locate
lesantik [10]

Answer:

quality when quality cannot be easily judged

Explanation:

Based on the information provided in this scenario it seems that the Sheraton brand-name is likely to be used as a signal of quality when quality cannot be easily judged. Meaning that the company included the Sheraton hotel along with the list of other hotels because they do not know the quality of that specific hotel in that specific location, even though "Sheraton" is known worldwide as a luxury hotel business.

5 0
3 years ago
Nadine works for an accounting firm. she makes enough money for herself and has bought a house with a top-notch security system.
Alexus [3.1K]

In the given space provided, the answer is security needs. The safety or security needs revolve around of having to feel physically safe, secure with financial or personal security or being healthy in an over all as a well being in which Nadine has achieved one of them.

6 0
4 years ago
Technology can be helpful and increase learning in the classroom true or false
gayaneshka [121]
True , it helps kids engage more because technology is a big thing now and it brings more attention to students
6 0
3 years ago
Steve decides not to rent out his second home since he is not allowed to set the rate above $1000 per month even though he knows
sweet-ann [11.9K]

Answer:

The correct answer is price ceiling

Explanation:

Price ceiling maximum amount a seller is allowed to charge for a product or service. It is a  government- or group-imposed price control and prevents a price from rising above a certain level.

4 0
4 years ago
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