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svetlana [45]
4 years ago
7

Diminishing marginal utiliDiminishing marginal utility means that A. the price of two hamburgers is twice the price of one. B. t

he total utility from one hamburger exceeds the total utility from two hamburgers. C. beyond a certain​ point, total utility decreases as income rises.ty means that
Business
2 answers:
4vir4ik [10]4 years ago
5 0

Answer: C beyond a certain​ point, total utility decreases as income rises

  • Diminishing marginal utility means that beyond certain point, the total utility from consuming a good decreases, and increasing its consumption monotonically, makes that every additional unit of consumption delivers less utility each time.
  • This is because most behavioral consumers models try to emulate the principle of scarcity: the less available units of a good, the more it values.
  • Then, an increasing income would allow us to buy more and more goods, and because of the existance of diminishing marginal utility, we would get less utility from consuming  additional units of every goods each time.
  • As an <u>example</u>,one could think about eating chocolate. The first bar would give us much happiness (utility), but increasing the number of bars  consumed would eventually vanish this "happiness".

Llana [10]4 years ago
5 0

Answer:

The correct answer is letter "D": Ralph will enjoy his second hamburger less than the first..

Explanation:

The Law of Diminishing Marginal Utility states that the more you consume a good or use a service, the less satisfied you are with each successive use or consumption. The law of diminishing marginal utility is a significant principle in assessing consumer preferences. This assumes consumers are rational and spend money in such a way as to maximize their contentment with each subsequent unit without impacting their overall enjoyment negatively.

Thus, <em>Ralph's full sensation while eating a second hamburger will decrease the marginal utility of continuing eating hamburgers compared to the first hamburger.</em>

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A car manufacturer is considering locating an assembly plant in your region.
igor_vitrenko [27]

Answer: Perception of the society towards this.

Explanation:

When citing an industry or production site in a locality most often capital is required to get this done but in many scenario capital doesn't seems to be the problem, as the location where these industry is aimed to be planted may likely have an issue with the residents of that environment as regards planting the industry. Some times these opposition is done for obvious reasons as regards health consideration which comes with noise and air pollution but some other times there may be unjustifiable reasons for these not to be planted, probably due greed or the community seeks a share in the resources or return in investment when the firm is planted in their resident. This is a complex problem.

A simple problem would be closeness to the market. If the product in question is desired by the residents in that area, even though the manufacturer might want to be exporting but it'll be a big plus if the residents consider his products more than the external environment.

Nimby can defined as when an individual or a group opposes a decision for the citing of infrastructure and industies in their environment, claiming them to be hazardous to the residents of the environment.

This comes into play for the complex decision because if those residing in the environment don't give a "go ahead" for planting of the industry it won't be successful.

5 0
3 years ago
Which best describes the difference between stocks and bonds?
strojnjashka [21]
The option that best describes the difference between stocks and bonds is <span>B.</span><span> Stocks allow investors to own a portion of the company; bonds are loans to the company.
When you have stocks, it means that you bought one "part" of a company, and in case that company gets sold one day, you will get a profit for what you bought. Bonds are quite the opposite - it is the money a company borrows from someone in order to pay something.</span>
6 0
4 years ago
Read 2 more answers
Every year millions of crops are lost due to pests. In recent times, however, scientists have learned that they can insert a gen
Alika [10]
The best and most correct answer among the choices provided by the question is the first choice "gene splicing"


Gene splicing<span> is a post-transcriptional modification in which a single </span>gene<span> can code for multiple proteins. </span>Gene Splicing is done in eukaryotes, prior to mRNA translation, by the differential inclusion or exclusion of regions of pre-mRNA.Gene splicing<span> is an important source of protein diversity.</span>

I hope my answer has come to your help. God bless and have a nice day ahead!
4 0
4 years ago
Cyclical unemployment refers to A. the portion of unemployment created by job search. B. the portion of unemployment created by
myrzilka [38]

Answer:

i pretty sure its c but if it wrong just let me know

Explanation:

it pretty much makes sence

can i get brainlest

6 0
3 years ago
Blockbusting is an illegal practice where someone convinces homeowner to quickly sell their property below fair market value by
Rzqust [24]

Answer:

True

Explanation:

Blockbusting is grabbing the land of the real owners by deceiving them in terms like saying them that the surrounding land will be owned by uncivilized black people (a tastic used in some 1900s), religions that are threat to your coming offsprings and stuffs like that to emotionally force the white owner to sell their property at below fair value. Then later the land was sold to other customers at above fair value due to provision of facilities that were rare in those days.

6 0
3 years ago
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