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Troyanec [42]
3 years ago
12

If John's marginal benefit derived from the consumption of another candy bar is greater than the price of the candy bar:

Business
1 answer:
Snowcat [4.5K]3 years ago
8 0

Answer: John will increase his satisfaction by purchasing the candy bar

Explanation: marginal benefit is a maximum amount a consumer is willing to pay for an additional good or service. It is also the additional satisfaction or utility that consumer receives when the additional good or service is purchased. The marginal benefit for a consumer tends to decreases as consumption of the good or service increases. A marginal benefit applies to any additional unit purchased for consumption after the first unit has been acquired.

For example, if a person purchases a burger for $10, it is assumed the consumer is obtaining at least $10 worth of perceived value from the item.

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Best Value Hardware Stores, a national chain, has established strict policies about the conditions under which a customer can re
TiliK225 [7]

Answer:

business rules

Explanation:

Business rules define how a business will execute a certain process. For example, establishes the conditions where products can be delivered without any extra charge or fee: if the purchase amount is over $500, or within a 5 mile radius.

It establishes the parameters at which the business will operate. An employee should always be able to determine if a business rule allows or not a process to be performed, no gray areas should exist. Following with our previous example, if the purchase adds up only $450, then a delivery fee should be charged, or if the customer lives 7 miles away.

7 0
3 years ago
Which type of workplace discrimination occurs when an organization uses an employment practice that results in unfavorable outco
kipiarov [429]

Answer: When an organization uses an employment practice that results in unfavorable outcomes to a protected class it is known as the adverse impact principle.

This act takes place when a organization, wittingly or not, takes an action that will result in a individual's employment opportunity due to some elements beyond the individual's control.

6 0
4 years ago
Why would a decrease in a company's stock value make them nervous, even though the decrease might be small?
Gemiola [76]
A decrease in a company stock value will make the company nervous even if the decrease is small due to these following scenarios.

1) They don't have a stockpile of cash.
2) It will become a problem for companies that relies on outside financing to fund their operations. Decrease in stock value will make their creditors wary in letting them borrow more money.
3) Many stock companies use stock options as part of their employee benefits. If the value decreases, then employees will not be encouraged to stay on with the company.
4) Continuous decrease in stock value will result to disgruntled stakeholders which may prompt dismissal of the CEO and his/her team and replacing them with more capable people..
3 0
3 years ago
Which of these is the largest difference between developed and developing countries?
Nuetrik [128]
<span>As there is no set of options given with the question, we'd go with one difference which is most conspicuous between the two types of countries. That difference is the standard of living and amenities in the incone range of the masses. In developing countries, people still have to give up on necessary amenities which are normal to have in developed countries.</span>
8 0
3 years ago
Read 2 more answers
A rectangular area is to be enclosed and divided into thirds. The family has $400 to spend for the fencing material. The outside
kirill [66]

Answer: The dimensions that will maximize the area enclosed is 100/3 feet sq.

Explanation:

A rectangle has a width and a length.

Taking W as Width and L as Length

Area = W x L

Draw a rectangle and divide it into 2/3 with two lines parallel with the width.

The outside fence perimeter ia given as 2 W + 2 L, while the inside fence length will be 2 W

Therefore, the total cost is gotten as:

[2 W + 2 L] x $10 + 2 W x $20 = $400

Open the bracket,

= 20 W + 20 L + 40 W = $400

= 60 W + 20 L = 400

Make L the subject of formula by dividing both sides by 20,

= 60 W / 20 + 20 L / 20 = 400 / 20

= 3 W + L = 20 ------Equation A

In order to make L the subject of formular still, you will subtract 3 W from both sides of equation A,

3 W + L - 3 W = 20 - 3 W

L = 20 - 3W ----------Equation B

Since Area of a rectangle = W x L, and L = 20 - 3W. Then substitute 20 - 3W as L in the equation below,

= W x ( 20 - 3W )

Open the bracket,

= 20 W - 3 W²

1st derivative:

dA / dW = 20 - 3 x 2 x W

= 20 - 6 W

Assume dA / dW = 0

20 - 6 W = 0

20 - 6 W + 6 W = 0 + 6 W

20 = 6 W

Make W the subject of formula

W = 20/6

We can rewrite it as

W = 2 x 10 / ( 2 x 3 )

So W = 10 / 3

W = 10 / 3 feet

NOTE:

A function has a local maximum or minimum if 1st derivative = 0.

If 2nd derivative < 0 then function has a maximum, but if 2nd derivative > 0 then function has a mimum.

However, 2nd derivative = -6 here, which means function has a maximum.

For W = 10 / 3 feet,

L = 20 - 3W

= 20 - 3 x 10 / 3

= 20 - 10

= 10 feet

The dimensions that will maximize the area enclosed = the Maximum,

It is gotten as:

W x L = 10 / 3 x 10

= 100 / 3 feet sq.

8 0
3 years ago
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