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Lyrx [107]
3 years ago
5

As additional slices of pizza are consumed, the additional satisfaction gained from each slice less than that of the previous sl

ice, ceteris paribus. This is an example of_____________.
Business
1 answer:
Mamont248 [21]3 years ago
5 0

Answer:

The correct answer is letter "E": diminishing marginal utility.

Explanation:

The Law of Diminishing Marginal Utility states that the more you use a good or service, the less pleased you will be with each use or use that follows. The law of diminishing utility is a key 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.

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Lili spent $120 on a new sweater rather than using this money to buy her personal finance textbooks. The cost of doing without t
Serjik [45]

Answer:

opportunity cost

Explanation:

The opportunity cost is the cost that is incurred for purchasing any other thing in place of one thing or we can say it is a sacrification done to purchase another thing

Here in the question it is mentioned that the Lil spent $120 for purchasing a new sweater instead of buying her finance textbooks also the cost of buying the sweater is known as the non doing textbooks cost

So here it is a opportunity cost

5 0
2 years ago
If a company purchases equipment costing $5,100 on credit, the effect on the accounting equation would be:
alex41 [277]

Answer:

assets increase $5,100 and liabilities increase $5,100

Explanation:

Assets are the items that a company owns which can provide future economic benefit.

Liabilities are future sacrifices of economic benefits that an entity is obliged to make to other entities as a result of past transactions or other past events, hence Liabilities are what a person or company owe other parties.

If a company purchases equipment costing $5,100 on credit, the assets of the company will increase by $5100 as a result of acquiring an equipment. Also, the liability will increase by $5100 as a result of debt owed.

4 0
3 years ago
Research studies indicate that:
Alborosie

Answer:

Option D US consumers lose more from tariffs than U.S. producers gain

Explanation:

The reason is that the US has imposed tariffs on the import of goods to overcome the comparative advantage of the other countries. So by imposing tariffs the US producer's products become inexpensive and protects them from the foreign countries with comparative advantage in similar products. This means the US consumer is buying expensive products and don't motivates the US producer to invest in efficiency and that the size of the industry may be at the growth stage or the producer's size is very small which means it can not compete with the competitors in the international market. So as a result the US consumer suffer more because they pay higher payments and are forced to buy expensive American products which is less in value to the consumer than the value it generates to the producers.

6 0
3 years ago
A tip of $10 is best for which kind of service?
Illusion [34]

Answer:

The answer is B

Explanation:

4 0
3 years ago
Read 2 more answers
Which of the 4ps in the marketing mix is most directly related to discounts and allowances of purchased products in a b2b transa
slavikrds [6]
<span>Price. Is one of the 4P's in the marketing mix is most directly related to discounts and allowances of purchased products in a B2B transaction. Due to discounts and allowances having to do with the price of the product or </span>service the business can related to this within the marketing mix. All transactions that have to do with discounting relate to the price of the good or service being sold. 
8 0
3 years ago
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