An economic and political system in which a country's trade and industry are controlled by private owners for profit rather than by state. {This is what the dictionary said by the way}
Can you please try to take a better pic
Answer:
The two companies are:
1. Mercer
2. Aen
Explanation:
1. The name of the tests. The tests are administered online https://www.practiceaptitudetests.com/top-employer-profiles/mercer-assessments/. There are four categories:
The various categories of tests are:
- Numerical
- Verbal
- Logical
- Situational
- Publisher
2. Adaptive Employee Personality Test (ADEPT-15®)
This is also administered online at https://www.asia.aonhumancapital.com/home/for-employers/people-and-performance/employee-assessment-and-selection/adaptive-employee-personality-test
This one is more personality inclined. It is for determining employees who are culture fit.
Cheers
Answer:
b. the more wealth she has, the less utility she gets from an additional dollar of wealth.
Explanation:
Utility is the satisfaction derived from a good. Total Utility is the total satisfaction from all units of a good. Marginal Utility is the additional satisfaction from an additional unit of a good.
The Law of Diminishing Marginal Utility states that : As consumer gets more & more of a good, the additional utility (satisfaction) from each successive unit keeps on declining. It implies that marginal utility decreases, & total utility increases at a decreasing rate.
Therefore : A person has more marginal utility (additional satisfaction) from an additional dollar, if he has less money (dollars). And, relatively less marginal utility from an additional dollar if he has more money (dollars).
Example : A rich person having millions of dollars would get less marginal utility (additional satisfaction) from gaining a single dollar, than a poor person having few dollars.
