Answer:
The correct answer is option C.
Explanation:
The decision-making process followed by consumers assumes that consumers are rational beings who are trying to maximize their satisfaction using their limited income.
So these consumers will consume the good or combination of goods that maximize their total utility derived from the consumption of these goods.
The consumers have limited income, they are aware of the marginal utility they derive from the consumption of an additional unit and they are also able to rank their preferences.
your going to have to put some more to that question
Answer:
Compensatory damage
Explanation:
Assuming That GSI is liable for breach of contract, The measure of damage is :
Compensatory damage : This is the compensation to be paid by the breaching party ( GSI ) to the Non-breaching party ( D and D ) for losses they incurred in purchasing the house and also fixing up the missing components in the house. and this is because GSI falsely reported that those systems where in place before D and D purchased the house.
To determine the amount of compensation the standard measure ( <em>difference between value promised and value actually delivered by the breaching party</em> ) will be applied.
Answer
After implementing a solution to a given work-related problem, a manager can ideally evaluate the outcome of the solution
Explanation
In problem solving techniques, managers are required to build up a feedback channel after implementing a solution. <u>This is essential because it will provide back continuous monitoring and evaluation of the results against expectations. </u>Through evaluation, the manager can identify the impact of the new solution and revise the strategies if necessary.
