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3 years ago

What do the income effect, the substitution effect, and diminishing marginal utility have in common?

Business

1 answer:

Sveta_85 [38]3 years ago

3 0

Answer:

They all help explain the downsloping demand curve

Explanation:

The options to the question wasn't provided. The complete question can be in the attached image.

The demand curve slopes downward from left to right. This indicates that the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

Income effect is a change in quantity demanded when real income change. Quantity demanded increases when real income increases and decreases when real income falls.

Substitution effect says that consumers would substituite to the consumption of a cheaper good when the price of a good originally consumed increases.

Diminishing marginal utility states that as consumption increases, utility derived from consumption falls and quantity demanded falls.

I hope my answer helps you

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Other things being equal, foreign governments and corporations would demand ____ U.S. funds if their local interest rates were s

inessss [21]

Other things being equal,foreign governments and corporations would demand <u>More</u> U.S.funds if their local interest rates were suddenly higher than U.S. rates.For a given foreign interest rate level,foreign demand for U.S. funds is <u>inversely </u>related to U.S.interest rates.

Answer: More;inversely

<u>Explanation:</u>

U.S. funds represent the funds that are available for borrowing and interest rates means cost of those borrowings.Other countries can buy U.S funds.There is inverse relationship between U.S. interest rates and foreign demand for U.S. funds.If U.S. interest rates are higher than a given foreign interest rate, than foreign governments will demand less of U.S funds because it will be costlier.But on the other hand if U.S.interest rates are less than a given foreign interest rate,than other countries will demand more of U.S. funds because it will be cheaper for them.

So demand curve for U.S funds and U.S interest rates is downward sloping.It has negative slope.

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3 years ago

Bok advises campus officials (and students) simply to "ignore" offensive words, flags, and so forth (para. 13). Do you agree wit

Ugo [173]

Answer: 1. I do not agree with this advice.

2. I would rather propose dialogue as a better means to resolve situations where a person feels offended by the actions of others.

Explanation:

HOW WE OUGHT TO RESPOND TO THE OFFENSIVE ACTIONS OF OTHERS

Offensive Misconducts are actions intended to hurt others, perpetrated without consideration to the feelings of others. They can be carried out in the workplace, at school, at home, and in other social settings. These acts of misconduct can come in the form of bullying, racist or sexist comments, false accusations, physical attacks, threats, etc.

When faced with offensive misconduct, silence is not the best approach. Silence means consent and offensive misconduct are not meant to be condoned. They should rather be addressed using appropriate conflict resolution skills.

One such very important skill is dialogue. Dialogue is an approach that seeks to discuss the matter with the offender. The offended does not take on an offensive approach. He rather explains how the action affects him. He asks vital questions about the intentions of the offender. It might well be that the action might not have been aimed at being offensive. When addressing this issue, it is also important that an attitude of calmness be maintained by the person seeking to resolve the conflict.

Active listening should also be maintained when the other party is trying to explain himself. This would help the offended understand the viewpoint of the offender.

When a person who feels offended continues to ignore an offensive action, this might make him start nursing resentment, which might further lead to retaliatory actions. That is why it is very important to address offensive actions immediately instead of condoning them.

After taking the necessary actions, if the offender persists in his actions, the matter should be reported to an authority.

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3 years ago

Now you have to get to work. Your first thought is to have seven members on the team, but management research indicates that sev

prisoha [69]

Now you have to get to work. Your first thought is to have seven members on the team, but management research indicates that seven members would be . It would be better to have people on the team.

In general, it's best to include members of only a single culture when forming virtual teams, since electronic communication is already fraught with misunderstandings.

<h3>What is electronic communication?</h3>

For more than a century, the market for communication electronics radio equipment has been expanding quickly. One of the factors contributing to the rapid expansion in the USA is homeland security. The field of electronics has grown phenomenally since the 1950s, when the "solid state" transistor was created, and the 1960s, when transistor-transistor logic and the IC (integrated circuit) were developed. This is currently evident in the "radio communications" industry. Sending traditional LMR (land-mobile radio) signals over the Internet (Internet Protocol) is the newest craze. This is known as RoIP (Radio over Internet Protocol), which is similar to VoIP (Voice over Internet Protocol) but uses radio instead of voice.

To learn more about electronic communication from the given link:

brainly.com/question/24043670

#SPJ4

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2 years ago

Billy has received a mediocre evaluation for the second year in a row. He knows that he has made improvements, but his superviso

Ber [7]

Answer:

He could take deep breaths and then respond nonjudgmentally

Explanation:

From the question, we are informed about Billy who has received a mediocre evaluation for the second year in a row. He knows that he has made improvements, but his supervisor just does not seem to notice or in Billy’s opinion, care. Billy likes his job and wants to keep it. He listens to what his supervisor says and then his supervisor asks Billy to prepare a written response. Before Billy leaves the room to prepare the response, In this case should he respond to his supervisor by taking deep breaths and then respond non-judgmentally when addressing is supervisor.

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3 years ago

Q 6.20: Switzer, Inc. has 8 computers which have been part of the inventory for over two years. Each computer cost $600 and orig

borishaifa [10]

Answer:

$400 .Since inventory is valued at cost or market value(current replacement cost) whichever is lower .

Therefore value of inventory : $400*8=$3200

Explanation:

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4 years ago

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