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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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Larger vehicles tend to have longer stopping distances than other vehicles because ____
kondaur [170]
<span>Larger vehicles tend to have longer stopping distances than other vehicles because they weigh more. Vehicles that way more take more time to slow down when traveling at the same speed as a vehicle that weighs less. For this reason, they take more time to slow down and need a larger stopping distance. </span>
3 0
3 years ago
Summit Products, Inc. is interested in producing and selling an improved widget. Market research indicates that customers would
ladessa [460]

Answer:

b.$ 66

Explanation:

The question requires that Summit requires a return on sales of 25 %. To achieve that the cost of goods sold should be 75 %.

if the revised selling price is                                         $ 88

the target cost price would be ( $ 88 * 75 %)              % 66                

7 0
3 years ago
Instead of attending class, one could have worked an extra hour at the café for $10 or watched a neighbor’s child for $15. the o
Lina20 [59]
The opportunity cost of attending class is the $15 that could have been made by watching a neighbor's child.
Opportunity cost refers to the benefits that one gives up in order to enjoy another benefit, that is, the benefit that is sacrificed.
In this question, two benefits are given up, but the real opportunity cost is the one that have the highest value, which is the $15.
6 0
3 years ago
In reviewing how SDF currently brands its products, Kim sees that it is using several different approaches. The Sunny Day Foods
monitta

Answer:

C) Specialty product

Explanation:

Specialty products are products that customers actively seek to buy because:

  1. the products possess unique or outstanding characteristics (e.g. luxury goods or sports cars).
  2. brand loyalty: loyalists have a strong preference for certain products and they will go out of their way to visit a store just to buy that product.

Consumers who purchase specialty products know what type of product they want and don't mind to spend time searching for that product.

8 0
3 years ago
A portfolio has 40% of its value in IBM shares and the rest in Microsoft (MSFT). The volatility of IBM and MSFT are 35% and 30%,
Bess [88]

Answer:

Our answer is D 26.86%

Explanation:

3 0
3 years ago
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