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3 years ago

Which purchase would lead to decreasing marginal utility?

1 answer:

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Purchasing something that you already have enough of leads to decreasing marginal utility. This rule influences individuals to spend their money across a variety of consumable goods and services rather than concentrate all of their spending in one area, such as vehicles, food or clothing. When a person spends their money purchasing products or services beyond their immediate needs, then they will enjoy the spending power of their money much less.

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c) What do you expect will be the impact of the increased fines in the (i) earnings and (ii)management compensation contracts, o

vivado [14]

Answer:

Accounting standards are the policies and principles of accounting. There are different accounting standards which can affect the amount stated as profit

The effect of increased fines is the increased transparency of the ethical practice and the increased obscurity of unethical practices in the accounting information

The reason for the above relation is as follows:

The increase in fines given to companies in the pharmaceutical industry

helps to reduce forms of marketing which are unethical, however the

amount in fines paid for corrupt practices is dwarfed by the major profit

and market share gained from such practices

The use of fines will encourage more transparency where the company is

ethically inclined to abide by the rules of marketing, such that payments to

doctors based on past misdemeanors . However, the making of huge large

profits by being involved in unethical practice may encourage accounting

practice that is focused on the profitability of the venture and therefore,

introducing increased lack of transparency on their financial information,

so as to reduce amount paid as fines

Due to the fines business, where the fines are lesser than the profit made,

increased fines within the pharmaceutical industry will lead to less

transparency in accounting information as firms try to further increase

profitability by incurring less penalties

Learn more about accounting standards here:

Explanation:

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3 years ago

Today, sandra will present a report to her class on the top ten income-producing countries in the world. most of the countries t

Radda [10]

The world’s richest countries are mostly found in Europe. Therefore Sandra will be presenting most of the countries located in “Europe”.

One possible factor why Europe is so rich is because of the numerous wars it encountered. Aside from the wealth obtained in the conquest, wars also lead to advancement in technology.

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3 years ago

You work for an advertising agency. You have been assigned to come up with an advertising campaign for a new brand of designer w

kaheart [24]

Answer:

The correct answer are: peripheral route; you do not have strong arguments for why your product is superior

Explanation:

The peripheral route, instead of examining the relevant arguments for the matter, individuals examine the message quickly or focus on simple indicators that help them decide whether to accept or reject the position advocated in the message. The elements that are peripheral to the arguments of the message are those that take center stage. These may include the communicator's physical attractiveness, the direct style of speaking, or the pleasant association between the message and the music that is heard in the background. Sometimes, the strength of the arguments is of secondary or almost null importance. Sometimes we lack the motivation, ability or time to reflect carefully. If we are disinterested, distracted or busy, we may not take the time to analyze the content of the message. Instead of analyzing whether the arguments are convincing, we will most likely follow the peripheral route, focusing on clues and indicators that activate automatic acceptance without too much cognitive processing. Peripheral processing allows communicators to design simple claims and messages to influence individuals. Although on many occasions this route may seem like the panacea of contemporary persuasion, the truth is that a good part of it is also carried out through mechanisms that involve careful and reflective considerations of the message's arguments, since, as we have indicated, When people have some motivation or are able to process messages, they are not based exclusively on peripheral cues and signals, or necessarily fall into the tricks of the persuader. When processing peripherally, people always rely on simple rules, to make decisions, "heuristic." For example the "heuristic" that experts should be believed and only for this reason accept the recommendation of a speaker, the heuristic "if many people think that something is good, then it should be" or those of reputation, consistency and security apparent in the argument. Peripheral and superficial processing does not produce profound and lasting changes of opinion. The effects of surface processing are ephemeral but relevant enough to convince an undecided voter or push a consumer towards the purchase of one or another product.

6 0

3 years ago

GANTT refers to the Generalized Activity Network Tracking Technique which was developed to better understand how variability in

Bingel [31]

Answer:

False.

Explanation:

GANTT refers to a chart that was developed by Henry L. Gantt, who was an american engineer and a social scientist, and is thus named after him. This chart is used to describe and illustrate various scheduled activities and the duration that each activity might take to complete. There is no full form for this word "GANTT". Therefore, the statement is false.

4 0

3 years ago

When economists are sketching examples of demand and supply, it is common to sketch a demand or supply curve that is close to ve

Hitman42 [59]

Answer:

a. inelastic

Explanation:

As you can see in the image I added, the curve that is close to a vertical is the inelastic one. Inelastic means that the demand remains the same even if the prices go up or down.

I hope you find this information useful and interesting! Good luck!

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3 years ago