1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Rainbow [258]
3 years ago
6

How does the law of diminishing marginal utility relate to law of demand?

Business
1 answer:
HACTEHA [7]3 years ago
3 0

Answer:

Explanation:

The law of diminishing marginal utility helps to explain the negative slope of the demand curve and the law of demand.If the satisfaction obtained from a good declines, then buyers are willing to pay a lower price, hence demand price is inversely related to quantity demanded, which is the law of demand.

You might be interested in
The following information has been provided by Hale Company: • Advertising expense $8,800; • Interest expense $3,800; • Rent exp
klemol [59]

Answer:

Hale’s total expenses in calculating operating income is $57000

Explanation:

Operating income represents profit realized in carrying out Hale Company primary activities

Only expenses incurred in are considered in calculation of Hale`s Operating Income

<em>Cost of Sales</em>

Cost of goods sold                        22200              

<em>Administration</em>

Rent expenses for store                18000

Depreciation                                    8000

<em>Selling and distribution expenses</em>

Advertising                                       8800

Total Expenses                               57000

6 0
3 years ago
You are interested in understanding how clicks lead to a sale on your site. what do you call a click that leads to a sale on you
blagie [28]
Answer: Clickthrough rate

Source and explanation: <span>https://goo.gl/EfAAxu</span>
4 0
3 years ago
Malcolm Industries recently hired a large number of workers for the company's new construction factory in Colorado. During the h
Arturiano [62]

The complete question should have been:

Malcolm Industries recently hired a large number of workers for the company's new construction factory in Colorado. During the hiring process, the management made a clear effort to recruit physically strong individuals because the work at the factory involves manual labor. The jobs need to be performed by individuals who have the energy and physical stamina to work for long hours. Which of the following surface-level characteristics did the company most likely concentrate on when selecting the new workers?

A.) Age

B.) Values

C.) Beliefs

D.) Religion

E.) Personality

Answer: Age.

Explanation:

Malcolm Industries made use of Age as the Surface Level Characteristic that determined who would be employed. A surface level characteristics can be defined as differences that individuals possesses that easily be identified when they are seen.

8 0
3 years ago
Jack just bought a car. what risk does he face?
Oxana [17]

Jack can face multiple risks.

He can be injured or killed in a car wreck.

He can injure or kill someone in a car wreck.

Bills.

Car note.

Gas Money

Tickets.

Parking.

Hope this helps Buddy!



- Courtney

4 0
3 years ago
Read 2 more answers
What is noncompetition?
Valentin [98]

Answer:

A lack of competition

Explanation:

Non = absence

competition = the act of competing in a event

Which means noncompetition would mean "a lack or a absence of competition."

Hope this helps.

8 0
3 years ago
Read 2 more answers
Other questions:
  • In an informationally efficient capital market: Group of answer choices security prices quickly reflect new information. investo
    9·2 answers
  • What type of investment offers both capital gains and interest income?
    10·1 answer
  • The Great Depression changed attitudes toward the labor movement.
    8·2 answers
  • Riley is a 50% partner in the RF Partnership and has an outside basis of $56,000 at the end of the year prior to any distributio
    5·1 answer
  • is (R$), has been trading at R$3.40/US$. Exports to Brazil are currently 50,000 printers per year at the reais-equivalent of $20
    11·1 answer
  • Vhich of these is an example of a conceptual skill?
    7·1 answer
  • Please help, please
    7·1 answer
  • Plz help<br><br>explain why the scene below fail to meet basic workshop safety standards.​
    5·1 answer
  • __________ is company growth by identifying and developing new market segments for current company products.
    7·1 answer
  • How do delivery companies track packages? group of answer choices
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!