Answer: The correct answer is "D. greater; less".
Explanation: The consumer surplus from water, which is cheap, is <u>greater </u>than the consumer surplus from gold, which is expensive. The total utility from gold is <u>less</u> than the total utility from water.
True.
Companies always check if the interviewee is really interested in their company.
If the interviewee will be able to give data about their company, they will think that he is really eager to find out about the company's product and services and also background.
This adds up to his or her chance to be admitted.
Answer: rational decision-making model
Explanation:
Rational decision-making model could be seen as when the decision maker has all alternatives on a decision with much information, with time on their hands and resources to evaluate the various choices thats made available before them.
Danny's choice to go against other people decision and using a detailed and different consideration for the employee decribed he used a rational decision making model, he still believed in the individual when others did not, and this affected his decision and didn't allow that of others to influence him.
One would be getting out of credit card debt.
<span>another would might be having a savings account in case you lose a job.</span>
Answer:
C) i and ii
Explanation:
Price elastic of demand (PED) of kerosene = 2.2% / 10% = 0.22 price inelastic demand
When two products are substitutes, an increase in the price of one of the products will not only reduce the quantity demanded of that product, but it will also increase the quantity demanded of its substitute products. In this case, an increase in the price of electricity, increases the quantity demanded for kerosene, which means that they are both substitute products.
