Answer:
The correct answer is option D.
Explanation:
Adhira is purchasing two goods, chocolates and almonds.
She buys 3 bars of chocolates and 4 bags of almonds.
The marginal utility from the last bar of chocolate is 18.
The marginal utility from the last bag of almonds is also 18.
In order to maximize utility, the ratio of marginal utility and price for both the goods should be equal.
As we do not know the price of the two goods or Adhira's income we cannot find if the utility is being maximized or not.
Answer:
Answered
Explanation:
a)Even at twice the original price, the marginal utility per dollar of the 20th train trip may be higher than the corresponding ratio for any other good that Ann might consume, in which case she would be perfectly rational not to alter the number of trips she takes.
After all, missing a trip would be to miss a whole day’s work.
b.) meals.
The higher price of train tickets makes Ann poorer. The income effect of the price
increase is what leads to the reduction in the number of restaurant meals she eats.
In the systems approach to ob, person and situation factors are considered individual, while the three levels of analysis are categorized as processes or inputs/outcomes.
An example of a system is the laws and procedures of a democratic government. An example of a system is how someone organizes their closet. An example of a system is all the organs that work together for digestion. It's an organized collection. A system has various inputs that go through specific processes to produce specific outputs that together achieve the desired overall goal of the system.
A system is a collection of elements or components organized for a common purpose. The term can describe an organization or plan itself (which has a similar meaning to the method, as in "I have my own little system"), or it can describe part of a system ( like "computer system").
Learn more about systems here
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Answer: D. OM plays an equally important role in both manufacturing and services
Explanation: Operations management is the activity carried out for production in terms of development and coordination, with the objective of achieving competitive advantages.
Therefore, it is indifferent if a company operates in a manufacturing or service company, because the functions of the operations manager will be the same and will have the same relevance.
Example: An operations manager of a clothing factory will have the same functions as a manager in an airline, what will differentiate the goals will be the activities of the company.
Answer:
c.only that the debit dollar amounts equal the credit dollar amounts
Explanation:
For recording the business transactions, the first step is journalizing through recording. After that we post these to their respective account which we called ledger accounts.
The motive of recording the business transactions is to equate the debit and credit sections as per the double accounting through which the financial statements should be verified, and correct in all aspects.
