During "forming," members tend to be anxious and uncertain.T/F

Crackerjacks cost twice as much as Doritos. Fred maximizes utility by buying eight boxes of Crackerjacks and some number of bags

AysviL [449]

Answer:

The best answers is "B"

the marginal utility of the last bag of Doritos Fred bought is 50 units.

Explanation:

According to the law of diminishing marginal utility, after some point the more we consume of something, the less each additional unit adds to our satisfaction.

the marginal utility of the last bag of Doritos Fred bought is 50 units because Crackerjacks cost twice as much as Doritos.

6 0

3 years ago

Read 2 more answers

Live It Cruiseline offers nightly dinner cruises departing from several cities on the eastern coast of the United States includi

Alborosie

Answer:

Live It Cruiseline

The operating income will increase by $11,550 from the sale of additional 700 tickets.

Explanation:

a) Data and Calculations:

Selling price of Dinner Cruise = $60

Variable cost = $30

Fixed costs = $270,000 per month

Relevant range quantity = 20,000

Fixed costs per passenger = $270,000/20,000 = $13.50

b) Income Statements

Relevant Range Additional 700 Tickets

Sales $1,200,000 $1,242,000

Variable cost 600,000 6,21,000

Contribution $600,000 $621,000

Fixed costs 270,000 279,450

Net operating income $330,000 $341,550

c) The preparation of two income statements differentiates the net operating income under the two scenarios: relevant capacity and the additional sale of ticket, clearly identifying the differences. The results show that Live It Cruiseline would add $11,550 to the net operating income by selling additional 700 tickets, even though, these additional tickets will cause an increase in the fixed costs.

7 0

3 years ago

Explaining short-run economic fluctuations

blagie [28]

Most economists believe that real economic variables and nominal economic variables behave independently of each other in the long run. For example, an increase in the money supply, a NOMINAL variable, will cause the price level, a NOMINAL variable, to increase but will have no long-run effect on the quantity of goods and services the economy can produce, a REAL variable. The distinction between real variables and nominal variables is known as CLASSICAL DICHOTOMY.

The vertical axis of the aggregate demand and aggregate supply model measures the overall PRICE LEVEL. The aggregate SUPPLY Curve shows the quantity of goods and services that firms produce and sell at each price level.

Explanation:

A nominal variable is a type of variable that is used to name, label or categorize particular attributes that are being measured.

It takes qualitative values representing different categories, and there is no intrinsic ordering of these categories.

The difference between nominal and real variables is the inflation rate. For example, the difference between the nominal interest rate and the real interest rate is the inflation rate.

Real variables are those where the effects of prices and/or inflation have been taken out. Nominal variables are those where the effects of inflation have not been controlled for. As a result, nominal but not real variables are affected by changes in prices and inflation

The classical dichotomy refers to the idea that real variables, like output and employment, are independent of monetary variables. In this view, the primary function of money is to act as a lubricant for the efficient production and exchange of commodities

The general price level is a hypothetical measure of overall prices for some set of goods and services in an economy or monetary union during a given interval normalized relative to some base set.

Aggregate supply, or AS, refers to the total quantity of output in other words, real GDP firms will produce and sell. The aggregate supply curve shows the total quantity of output real GDP that firms will produce and sell at each price level. The graph shows an upward sloping aggregate supply curve.

6 0

4 years ago

Many fast-food restaurants, including Burger King, McDonald's, and Wendy's, no longer use polystyrene containers (which do not d

frozen [14]

Answer:

b) green marketing.

Explanation:

Green marketing -

It the method of selling the goods and services , considering the benefits to the environment , i.e. , being eco - friendly , is known as green marketing .

These type of goods and services are healthy for nature .

Hence , in the question , most of the fast - food restaurants are trying to use paper wrappers instead of plastic and thereby , trying to save the environment and encouraging green marketing .

4 0

3 years ago

What are skills are skills required to resolve a situation in which a disagreement could lead to hostile behavior, such as shout

Sliva [168]

Answer:

Conflict-resolution skills

Explanation:

Conflict - resolution skills -

It refers to the type of skill , which helps of resolve any type of confusion , feud , argument or fight in a very practical and efficient way , is referred to the Conflict-resolution skills .

These skills helps in many aspects of life to live happily and peacefully .

The people with good Conflict-resolution skills , have features like , kindness , peace , intelligent , logical and practical .

Hence , from the given statement of the question,

The correct term is Conflict-resolution skills .

8 0

4 years ago