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julia-pushkina [17]
2 years ago
11

Which of the following is an assumption of the decision-making process followed by consumers to maximize utility? rev: 04_09_201

8 Multiple Choice The consumer oftentimes is not sure about her preferences. Marginal utility always increases as more units of a good are consumed. The consumer’s income increases as prices of goods increase. The consumer considers the prices of the products.
Business
1 answer:
kari74 [83]2 years ago
7 0

Answer:

The correct answer is: The consumer considers the prices of the products.

Explanation:

When taking the decision regarding how to maximize utility the consumers will consider the prices of the products. The consumer will be able to maximize utility at the point where the marginal utility of money spent on each commodity is equal.

We can represent it as,

\frac{MU\ of\ good\ A}{Price\ of\ good\ A} = \frac{MU\ of\ good\ B}{Price\ of\ good\ B}

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What type of supply chain configuration is most appropriate if your organization needs to minimize inbound transportation costs,
pochemuha

Answer:

centralized suplly chain

Explanation:

Decentralize supply chain processes can be defined as processes that must be performed in the plant because they involve physical interaction with the material. There processes are the ones where the decision-making is ‘localized’.  It involves supply chain managers, planners, manufacturing teams, health and safety team and possibility trade management folks.

3 0
3 years ago
A prospective buyer is interested in purchasing a vacant lot in a rural subdivision. The buyer wishes to know about sewer assess
yanalaym [24]

Answer:

Real Estate Law Commissioner

Explanation:

Based on the information in the question it can be said that the source that provides all of this information is the Real Estate Law Commissioner. Other than creating and enforcing real estate law, the commissioner acts as the source that provides all of the information being requested in the question including sewer assessments, liens, utilities to the lot, blanket encumbrances and street maintenance.

If you have any more questions feel free to ask away at Brainly.

4 0
2 years ago
Fuzzy Tail Industries produces wooden picnic tables for fuzzy creatures (hamster and squirrel size are its most popular products
scoray [572]

Answer:

7.5 Years

Explanation:

The computation of the payback period of the given machine is shown below:

<u>Year       Initial outflow       Cash flow       Cumulative cash flow</u>

               (52000)  

1                                              10,000               10,000

2                                              10,000              20,000

3                                              10,000              30,000

4                                               8,000               38,000

5                                               8,000               46,000

6                                               2,000                48,000

7                                                2,000                50,000

8                                                4,000                 54000

9                                                4,000                 58000

10                                               4,000                 62000

Now the Payback period is

=  Completed years+ required cash ÷ annual cash inflow

= 7 years + 2000 ÷ 4000

= 7.5 Years

5 0
3 years ago
Classify each item as an asset, liability, common stock, revenue, or expense. (a) Issuance of ownership shares. select the corre
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Answer:

The classified list of items is as follows:

(a) Issuance of ownership shares - Common stock

(b) Land purchased - Asset

(c) Amounts owed to suppliers - Liability

(d) Bonds payable - Liability

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(f) Cost of advertising - Expense

Hence, all the items are classified as asset, liability, revenue, common stock and expense.

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