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
shepuryov [24]
4 years ago
7

What is the difference between ordinal utility and cardinal​utility?

Business
1 answer:
Andrews [41]4 years ago
8 0

Answer:

E. a ranking of market baskets in order of most to least​ preferred, while cardinal utility indicates how much one market basket is preferred to another.

Explanation:

Ordinal utility can be defined as an economic concept in which the consumer chooses a product or service from the market based on preferences in relation to another at a comparative level, but not exactly quantified.

In cardinal utility, on the other hand, the consumer is able to quantify the benefits perceived in a product or service with specific values, and this measure is beneficial to specify, for example, a choice based on price and utility for the consumer, which helps in the purchase decision process .

You might be interested in
Media planners typically use psychographic classifications to define their target audiences and rely heavily on primary research
kati45 [8]
<span>To properly target potential customers, it is necessary to know not only what the needs are of the people they're advertising, they also need to know how the item will be used. There are multiple reasons that a customer would buy an item or service, so I assume media planners would need to use psychographic classifications to know who their target audience is and what they would like. How heavily planners rely on these classsifications probably effects the response they received from the audience.</span>
3 0
3 years ago
Company X has a good whistle-blowing program in place. Sara used the whistle-blowing system to alert management about a fraud be
dedylja [7]

Answer:

lack of anonymity

Explanation:

According to my research on whistle-blowing systems within organizations, I can say that based on the information provided within the question the major issue that the program seems to have is a lack of anonymity. All whistle-blower systems are designed to be completely anonymous so that anyone who uses the system to do the right thing and report people who are breaking the law or rules are not mentioned and face backlash from co-workers. Apparently, the system that Company X is either not anonymous or is not adhering to the anonymity policy.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
3 years ago
. The start of noncritical activities are delayed beyond their earliest start times (but not beyond their latest start times) in
ozzi

The correct answer is D) maintain a uniform level of required resources.

The start of noncritical activities is delayed beyond their earliest start times (but not beyond their latest start times) in order to maintain a uniform level of required resources.

That is why companies have to establish their priorities and identify the main activities that must be accomplished on time, the people responsible to accomplish the activity, and the resources needed to successfully do so. Noncritical activities can be delayed up to a point, but the critical activities have to be followed according to the schedule.

7 0
3 years ago
What does the term "judgment-proof" imply about a debtor? A. He/she has defaulted on a mortgage B. He/she has not property subje
Ierofanga [76]

Answer:

He/She has no property subject to execution.

Explanation:

It is description of a person who doesn't have the assets for the creditor to seize when the court order requires the debt repayment. A broke and unemployed person is judgement proof. The debtor having few legally protected assets and income is also judgement proof. Judgment proof is also called the collection proof and is not permanent. The judgement are valid for many years, the creditors continue to collect whatever the judgement allows even after they have won a lawsuit against a delinquent customer.

8 0
3 years ago
Nakeya and other foreign citizens allege environmental destruction committed overseas by the government of Cameroon on behalf of
zimovet [89]

Answer:

Correct answer is (c). bring civil suits under the Alien Tort Claims Act

Explanation:

Alien mean foreign national.

Alien Tort Claims Act (ATCA), also known as Alien Tort Statute, originated from U.S. under a provision of the Judiciary Act of 1789. The law grant U.S. federal courts original jurisdiction over any civil action brought by an alien for a tort in violation of international law or a U.S. treaty.

3 0
3 years ago
Other questions:
  • The relationship between quantity supplied and price is _____, and the relationship between quantity demanded and price is _____
    12·1 answer
  • What is the main reason for establishing an organizational structure
    8·1 answer
  • Measures to ensure environmental sustainability
    10·1 answer
  • Christie makes changes to her budget at the end of every month. What is her reason for doing this in terms of smart financial pl
    5·2 answers
  • What index is used to measure the average prices paid by a typical​ family? An average of the prices of the goods and services p
    10·1 answer
  • You have a better chance at success in the business world when your interest and personality match the career choice. True False
    8·2 answers
  • Wren and Zola are on a team that has been assigned to cut production costs in an electronic component production facility. For s
    12·1 answer
  • What is the function of the audio tools on the Format contextual tab?
    12·2 answers
  • Based on the Management in Action case, if an employee asks Korey for time off to take care of a sick child, Korey may believe t
    6·1 answer
  • You are sitting around the fire at a lodge in Dillingham, Alaska, discussing a fishing expedition you are planning with your col
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!