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natima [27]
3 years ago
6

Economists refer to this pattern, the ___________________________________, which means that as a person receives more of a good,

the additional or marginal utility from each additional unit of the good declines.
Business
1 answer:
DochEvi [55]3 years ago
8 0

Answer:

The law of diminishing marginal utility

Explanation:

Simply put, as more (additional unit) of a good is consumed the lesser the marginal utility or satisfaction derived.

For example, a child might request a certain type of chocolate form his parents for a period of time.

After sometime, the child may buy less and choose another type of chocolate or prefer to buy cake instead because the satisfaction he initially got from the chocolate is diminishing.

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Once a firm is committed to an international expansion, it must decide where it wants to go. The venture capitalists present Caf
erastovalidia [21]

Answer:

In this case, the Nature of the business is "Food and Beverage". This kind of firm when tries for international business firstly has to focus on the "Cultural Side" of the country they want to the expansion of the business.

Every organization has its nature and methodologies of working for earning profits. So, when it comes to earning through the "Food and Beverage" area of the market one must be aware of the cultural impact area on the people and their food habits.

So, the investors, I would like to focus on the vision, mission, and message the Caffè Gustoso's provides to the customers and the market competitors.

6 0
3 years ago
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Due to the existence of a large number of similar, but not identical, substitutes in most communities, the market for chiropract
Burka [1]
<span>Due to the existence of a large number of similar, but not identical, substitutes in most communities, the market for chiropractors is best considered monopolistically competitive. 

A monopolistic competition is when different producers sell products that are differentiated by branding/quality. Since they differentiate in such ways, they are not perfect substitutes for one another.
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3 0
4 years ago
In March, Stinson Company completes Jobs 10 and 11. Job 10 cost $23,300 and Job 11 $31,500. On March 31, Job 10 is sold to the c
Feliz [49]

Answer and Explanation:

The journal entries are given below:

On Mar-31

Finished Goods $54,800($23,300 + $31,500)  

      To Work in Process $54,800

(Being two completed jobs are recorded)

On Mar-31

Cash $36,400

          To Sales $36,400

(Being the sale of JOb 10 is recorded)

On Mar-31

Cost of goods sold $23,300

          To Finished goods $23,300

(Being the cost of job 10 is recorded)

8 0
3 years ago
Roster Co. adjusts its Allowance for Doubtful Accounts at year end. The general ledger balances for the Accounts Receivable and
k0ka [10]

Answer:

"$15,000" is the appropriate answer.

Explanation:

Debts opening balance,

= $45,000

According to the question,

The allowance to be created for the doubtful accounts will be:

= 1500000\times 4 \ percent

= 1500000\times 0.04

= 60,000 ($)

hence,

The balance amount to be created will be:

= 60000-45000

= 15,000 ($)

5 0
3 years ago
What would cause a production possibilities curve to move down and to the left
k0ka [10]
It's the second one because it makes sense.
PLEASE DO RATE ME AS BRAINLIEST ^ω^
5 0
3 years ago
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