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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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Answer:

The correct answer is c. basic research.

Explanation:

Basic research or fundamental research, is the science or research that is carried out without immediate practical purposes, but in order to increase knowledge of the fundamental principles of nature or of reality itself.

By not throwing immediate benefits (economic or social), it could be seen as a simple exercise of curiosity (which is actually a basic human quality and one of the essential reasons for the scientific activity of all time). However, in a longer or shorter period the results of basic research find practical applications, in the form of commercial developments, new techniques or procedures in production or communications, or other forms of social benefit and knowledge.

The relationship between basic science and applied science (which is its opposite concept) is crucial for the interrelationship called "research and development" (R&D) or "research, development and innovation" (R&D), object of the studies of science, technology and society (STS).

6 0
3 years ago
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Suppose that firm a dislikes hiring black accountants, while firm b is happy to hire them. so ted ends up working at firm b rath
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<span>Regardless of the firm, most companies will do at least a bi-annual audit if not quarterly. In this case Ted would do the same amount of audits for either company, two to four depending on the companies frequency.</span>
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3 years ago
Hallie has an annual salary of 58000 and her company pays her twice a month. what is the gross income per paycheck that Hallie r
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In a progressive tax system, who pays a greater proportion of their income in taxes?
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C. Those who have the most deductions
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The listing agent received a full price offer that she faxed to the out-of-town seller. The seller signed the faxed copy, and fa
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Answer: Yes contract has been formed.

Explanation: According to the Uniform Electronic Transaction Act (UETA), electronic transactions are just as binding as transactions made on hardcopy documents. Moreover signatures made electronically reinforces the validity of these elctronic documents.

In the scenario the actual signature was signed on a hard copy by the seller, but it was then faxed back to the listing agent. This faxed copy, showing the faxed signature, is an electronic document that confirms the existence of the contract in accordance with the UETA. This faxed signature is as enforceable as an ink signature.

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