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Semenov [28]
3 years ago
11

The theory of consumer behavior assumes that - consumers behave rationally, attempting to maximize their satisfaction - consumer

s do not know how much marginal utility they obtain from successive units of various products - consumers have unlimited money incomes - marginal utility is constant
Business
1 answer:
earnstyle [38]3 years ago
7 0

Answer:

Consumers behave rationally, attempting to maximize their satisfaction.

Explanation:

The principle assumption upon which the theory of consumer behavior and demand is built is:

A consumer attempt to allocate their limited money income among available goods and services so as to maximize their utility (satisfaction).

Utility is described as an amount of satisfaction derived from the consumption of a commodity. Measurement units is utils.

Assume that consumers have complete information about availability, prices and utility levels of all goods and services. All bundles of goods can be ranked based on their ability to provide utility.

The theory is useful for understanding the demand side of the market.

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Question 3
stiv31 [10]

The next step which <em>Heather should take </em>after she has gotten a fraudulent call asking for her <em>credit card details</em> is to hang up and call her credit card company using the 1-800 number on the back of her card to inquire  about the issue or report the <em>attempted phone fraud.</em>

<em />

As a result of this, we can see that Heather was a target of an attempted phone fraud where a caller asks her to give her 16-digit credit card details so that the supposed error could be cleared up.

It is worth noting that this information <em>can be used to steal money </em>from her checking account and Heather would best not give out such sensitive details over the phone, but call the company to see if the call is really from them.

Therefore, the correct answer is option C

Read more about phone fraud here:

brainly.com/question/8969110

6 0
2 years ago
Which of the following is true about organizational change?
Pavel [41]

Change occurs more informally through social networks is  is true about organizational change, so option (d) is correct.

In terms of organisational change, which of the following is accurate?

Change agents perform best when they take the initiative in isolation.

b. The success of organisational change in the public sector is most heavily influenced by groups of people who are committed to the change to varying degrees.

b. The executive team constitutes the only guiding coalitions for organisational change.

d. Social networks facilitate change in a more casual manner.

e. Organizations should avoid adopting viral change,

One who is alone is said to be in isolation or seclusion. One's customary friends may be cut off from them by choice or circumstance, or isolation may refer to a state of being apart from all other people. A few peaceful hours of seclusion and isolation highlight the tendency to unintentionally distance oneself from others.

To know more about social networks   CLICK HERE

brainly.com/question/14312767

#SPJ4

8 0
1 year ago
In a neoclassical economy, assume that the government lowers both government spending and taxes by $100 billion. If the marginal
Zigmanuir [339]

Answer:

rise by $40 billion

Explanation:

Calculation to determine what the investment will be

Investment=$100 billion*(100%-60%)

=$100 billion*40%

=$40 billion

Therefore the investment will rise by $40 billion

3 0
3 years ago
The financial ratio that measures the accounting profit per dollar of book equity is referred to as the:
WINSTONCH [101]

Answer:

Return on equity.

Explanation:

Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.

The financial ratio that measures the accounting profit per dollar of book equity is referred to as the return on equity. It is calculated by dividing the net income with the shareholder's equity at a specific period of time

3 0
3 years ago
Consists of people, equipment, and procedures to gathr, sort, analyze and distribute needed, timely and accurate information to
AlekseyPX

Marketing information systems (MIS) consists of people, equipment, and procedures to gathr, sort, analyze and distribute needed, timely and accurate information to marketing decision makers

4 0
3 years ago
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