Answer:
The correct option is C: Jack could increase his utility by buying more pencils and fewer pens.
Explanation:
The marginal rate of substitution or MRS is defined as the rate at which one gives up a reasonable amount of one product to exchange for another products, and still maintains the same utility level. For Jack to maintain the same level of utility, he needs to more pencil and fewer pens to maintain an equilibrium in his purchase of pens and pencils.
Answer:
The correct answer is letter "C": Is the customer's decision based on a new or a regular purchase?
Explanation:
Consumers might have trouble while purchasing articles they usually do not. Some of them take the time to make a research before they go to a store to have an idea of what type of product might satisfy their needs based on functionality, quality, and price.
However, even if counting with that information, consumers might find other special deals in the same store which makes them doubt. If a sales representative questions himself "<em>Is the customer's decision based on a new or a regular purchase?</em>", at the moment of approaching the client the clerk will know how to reach the consumer attempting to close a sale.
The benefits associated with limiting shareholder liability is twofold. First, by protecting shareholders from liability for the acts of the corporation, individuals are willing to invest in the enterprise. Second, limited liability protects the personal assets of a shareholder from claims made against the corporation.
Answer:
It is measured with 180 imaginary lines that form circles around the Earth
Explanation:
I believe the answer is: Collective perspective
Collective perspective tend to make people stray away from individualism.
This would diminish people's drive to compete and beat other people who strive for a same goal. As a result, people with collective perspective tend to be less likely to obtain high positions and salaries.
