Connection between incentive and utility

2 answers:

3 0

Marketing's sole purpose is to convince consumers that a certain product will add to their overall utility, or satisfaction one gets from a good.

Nadusha1986 [10]3 years ago

3 0

Incentive does not change your utility function, but they change the point where it is maximize because it changes your budget constraints, For example frequent flyer miles reward you for choosing one airline over another because it has the effect of making their fares cheaper if you always pick them, or the higher tax rates on singles is an incentive for them to choose more leisure and less income because it reduce the amount of extra income they get from extra work, so single people work less than married people.

You might be interested in

Who was the first person to sigh the Declaration of Independence

svetlana [45]

Thomas j he was the first person to sing the declaration of independence a long long long long time ago

8 0

3 years ago

Read 2 more answers

To sue a foreign firm in the United States, the plaintiff must:

Ipatiy [6.2K]

To sue a foreign firm in the US, the supreme court held that the plaintiff must establish minimum contracts between the foreign defendant and the forum court.

The answers is E the last one

5 0

2 years ago

What term describes the ability to detect an object amongst distractor objects in situations in which the number of distractors

lina2011 [118]

Answer:

Pop-out.

Explanation:

The ability to detect an object amongst distractor objects in situations in which the number of distractors presented is unimportant is called the pop-out ability. This ability occurs when an object is clearly identified among distractors. An object pops-out noticeably from the other objects. This is also called the pop-out phenomenon.

8 0

3 years ago

1. Did America want to get involved in World War II? (use examples from the article.

Lena [83]

Answer:

Number 1

Explanation:

Although the ear began with Mazi German's attack on Poland in September 1939. The United States did not enyer the war until after the Japanese bombed the American fleet in Pearl Habour Hawaii on December 7, 1941

6 0

3 years ago

What is the primary drawback of the data-driven approach? a. It is more expensive and time intensive than the traditional approa

kotykmax [81]

Answer:

Explanation:

The first drawback is basically money. It takes loads of money to lead researches, because you either have to pay a lot of people to collect these data or do it yourself and take years to find a numerous group to provide a good amount for a trustworthy, important research.

7 0

3 years ago