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IRISSAK [1]
3 years ago
11

Which is a dimension or assumption of the marginal-utility theory of consumer behavior? The consumer has a large income. Goods a

nd services carry a price tag. The consumer engages in irrational behavior. Goods and services yield continually increasing amounts of marginal utility as the consumer buys more of them.
Business
1 answer:
Diano4ka-milaya [45]3 years ago
6 0

Answer:

The correct answer is letter "B": Goods and services carry a price tag.

Explanation:

Utility is described as the degree of satisfaction or joy perceived by individuals by consuming a given good or service. Marginal utility refers to the satisfaction produced by consuming one more unit of that good. The marginal utility theory assumes that consumers make rational decisions pursuing the maximization of their returns considering those goods carry the same price tag.

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A bank reconciliation revealed cash per the bank statement of $1,484, cash per company records of $1,681, bank charges of $11, d
kotegsom [21]

Answer:

Correct cash balance is $  1,580

Explanation:

Balance as per cash book                                                    $ 1,681

Less: Bank charges                                                               $ (    11)  

Less: NSF cheques                                                                <u>$ (   90)</u>

Adjusted balance per cash book                                         <u> $ 1,580</u>

Balance per bank statement                                                  $ 1,484

Add: Deposits in transit                                                          $    317

Less; Outstanding checks                                                      <u>$ (  221)</u>

Adjusted balance per bank statement                                <u>$ 1,580</u>

4 0
3 years ago
Jose goes to an all-you-can-eat buffet at a Chinese restaurant and consumes three plates of food. He does not go back for a four
kkurt [141]

Answer:

The marginal utility of the fourth plate is zero or below zero

Explanation:

The reason is that the law of diminishing marginal utility says that the marginal utility of a product declines upon continuous consumption of that item. This means that the utility before the consumption of first buffet was high and when the second buffet was consumed by the same person the utility was further reduced and so on. This means that the utility must be positive which if is higher enough then the customer is will to pay and eat the buffet again. If it is zero or below zero the customer is not willing to pay for the buffet. This is the reason the person doesn't ordered the item again.

You can not eat the same buffet for all the 365 days. This means the taste of a tasty food fades away after some time or I would say that the utility is gone. Same is the case when you will keep using cellphone for a period and then sell it or dispose it because the item doesn't entertains you or in other words the utility has significantly fallen and is almost zero or below zero.

5 0
3 years ago
The goal of strategy is to find a(n) ________ that is so well suited to the firm's competitive advantages that other organizatio
kolbaska11 [484]

Answer:

The correct answer is letter "C": propitious niche.

Explanation:

Companies develop strategies to set the steps necessary to accomplish an objective. One of those steps involves finding the firm's propitious niche which is no more than its target market. It determines what the company should do based on the best competitive advantage the firm will have in that market that will differentiate the company from competitors and will help the firm to establish in the market.

8 0
3 years ago
Read 2 more answers
Ginny is a 26-year-old who lost her job as a copy editor for a local newspaper. She has spent the past few weeks out of work and
raketka [301]

Answer:

The correct answer is Unemployed

Explanation:

Unemployment, in the labor market, refers to the situation of the citizen who lacks employment and, therefore, salary. By extension, it is the part of the population of age, conditions and willingness to work - active population - that lacks a job.1 To refer to the number of unemployed people in the population, the unemployment rate by country or other is used territory. The situation contrary to unemployment is full employment.

In addition to the active population, which includes both those who are working and the whole of the unemployed or unemployed in a country, societies have an inactive population composed of those members of the population who are not willing to work , whether by studies, age, illness or any other legally established cause.

4 0
3 years ago
Read 2 more answers
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madam [21]
Anne is conducting market research by doing a competitive analysis.

Hope this helps! :)
6 0
4 years ago
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