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Svetlanka [38]
4 years ago
11

During Thanksgiving you participated in a pumpkin-pie eating contest since you love pumpkin pie. You really enjoyed the first tw

o pies, the third one was OK, but as soon as you ate the 4th one you became ill and lost the contest. You got ______ utility from eating the 4th pie than eating the 2nd pie.
Business
1 answer:
Brrunno [24]4 years ago
4 0

Answer:

The correct answer is letter "B": less.

Explanation:

Utility represents the satisfaction an individual perceives by consuming a good or service. Marginal utility is the joy the same individual perceives by consuming one more unit of the same product. Total utility refers to the aggregate utility the consumption of different pieces of the same good produces while diminishing utility explains at a certain point the individual will not perceive any benefit to continuing consuming a product.

In the example, <em>the 4th slice of pie represents the diminishing utility point in which someone will start experiencing less utility than the consumption of the previous slices.</em>

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erastovalidia [21]
Jason;
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8 0
3 years ago
Read 2 more answers
A marketing strategy consists of the selection and analysis of a target market and
Darya [45]

A marketing strategy  involves selection as well as analysis of a target market and examination of potential market regions.

  • A marketing strategy can be regarded as business's overall game plan that is set so that the prospective consumers can be reached and make them to become customers of the firm products or services.

  • It involves examination of potential market regions and the target market.

Therefore, the examination of potential market regions is correct.

Learn more at:

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5 0
3 years ago
At Bargain Electronics, it costs $29 per unit ($15 variable and $14 fixed) to make an MP3 player at full capacity that normally
frez [133]

Answer:

Bargain Electronics would realize Net Income of $35,200 by accepting the special order.

Decision : The special order should be accepted.

Explanation:

<u>Analysis of net income effect of accepting the special order</u>

Sales ( 3,200 units × $28)                   $89,600

Less Expenses :

Variable ( 3,200 units × $15)             ($48,000)

Shipping Costs ($2 × 3,200 units )     ($6,400)

Incremental Income / (loss)                $35,200

<em>Note that, the fixed costs are irrelevant for this decision. This is because they will remain the same whether or not the special order is accepted.</em>

7 0
3 years ago
The profits from various forms of trafficking are estimated to be _____ annually.
SIZIF [17.4K]

Answer:

The answer is $150 billion

Explanation:

The profits from various forms of trafficking are estimated to be $150 billion annually.

3 0
2 years ago
Whenever an employer hires an employee to perform some sort of physical service, the parties have created an ______ relationship
Andru [333]

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An employer-employee relationship refers to how an employer (either an individual or an institution) and employees view and treat one another at work. The moment a person signs their employment contract, a relationship between them and their employer is established.

What kind of relationship should exist between the employee and the employer?

a result of the modeling exercise for a work relationship

The interaction between an employer and employee should be cordial and helpful. An employer is the one who welcomes a worker into an organization, hence it is his major duty to make sure the latter is comfortable and pleased while  working.

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8 0
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