3 years ago

Marginal utility is the satisfaction gained by consuming of a good.

Business

1 answer:

Tamiku [17]3 years ago

3 0

Marginal utility is the extra satisfaction gained from consuming one more unit of a good.

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Darlene is getting an FHA-insured loan to purchase a house. The purchase price is $278,000, and she’s paying 3.5% down. She will

omeli [17]

Answer:

96.5%

Explanation:

Data provided in the question:

Purchase price i.e the value = $278,000

Down payment paid = 3.5%

Upfront mortgage insurance premium = $4,865

Now,

Amount of down payment = 3.5% of loan value

= 0.035 × $278,000

= $9,730

Therefore,

The loan value = value - Amount of down payment

= $278,000 - $9,730

= $268,270

Thus,

loan-to-value on the loan = [ loan value ÷ value ] × 100%

= [ $268,270 ÷ $278,000 ] × 100%

= 96.5%

4 0

3 years ago

Elka can remember the phone number she just looked up only by repeating it over and over. When she stops saying it out loud, she

Harrizon [31]

Answer:

maintenance; short-term

Explanation:

When she stops saying it out loud, she forgets it. Elka is using maintenance rehearsal to keep the information in short-term memory

Maintenance Rehearsal is the process of repeatedly verbalizing or thinking about a piece of information.

3 0

3 years ago

The second stage of the consumer buying process is?

zubka84 [21]

Well i suppose the second stage involves the information search of the consumer buying process.<span />

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3 years ago

A company that has no money to spend on marketing would probably be best advised to try their luck, at least initially, with wha

marysya [2.9K]

C. sales promotion would be the answer

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3 years ago

The four types of consumer products differ in terms of the (1) effort the consumer spends on the decision, (2) attributes used i

yarga [219]

Answer:

Types of Consumer Product Examples

Convenience Product: Zest bar soap

Shopping Product: Sony Blu-ray Disc™ player

Doritos Hermès Birkin bag

Goodyear Ultra Grip tires

Specialty Product: Patek Philippe watch

Maytag® dishwasher

Unsought Product: Royce Poplar coffin

Explanation:

a) The factors that distinguish consumer products are:

(1) effort the consumer spends on the decision

(2) attributes used in making the purchase decision

(3) frequency of purchase.

b) Types of Consumer Product

Convenience Product

Shopping Product

Specialty Product

Unsought Product

c) Product Examples:

Royce Poplar coffin

Patek Philippe watch

Sony Blu-ray Disc™ player

Maytag® dishwasher

Doritos Hermès Birkin bag

Zest bar soap

Goodyear Ultra Grip tires

6 0

3 years ago

Marginal utility is the​ ________ satisfaction gained by consuming​ ________ of a good.

Marginal utility is the satisfaction gained by consuming of a good.