Answer:
Function
Explanation:
Functional departmentalisation is when staff who perform similar functions are put in the same department.
Examples of functional departmentalisation includes- marketing department, production department, finance department, human resources department.
Advantages of functional departmentalisation include:
1. It makes coordination of activities easier
2. It enhances supervision of staff
3. It enhances specialisation.
Functional departmentalisation can lead to overspecialisation and the inability of managers to perform in other departments other than their primary departments.
Other types of departmentalisation are :
1. Customer departmentalisation
2. Geographic departmentalisation
3. Process departmentalisation
4. Product departmentalisation
The Marginal Utility per Dollar for the fourth unit consumed is 2.50 utils.
The Marginal Utility per Dollar for the second unit consumed is 9 utils.
Utility is the total satisfaction a consumer derives from consuming a good or service.
Marginal utility is the change in total utility when a consumer increases the unit consumer by one.
Marginal utility = change in total utility / change in price
<u><em>Marginal Utility per Dollar for the fourth unit consumed</em></u>
Marginal utility when the fourth unit is consumed = (64 - 54) / (4 - 3)
10 / 1 = 10.
Marginal utility per dollar = 10 / $4 = 2.50 utils
<u><em>Marginal Utility per Dollar for the second unit consumed </em></u>
Marginal utility of the second unit = (40 - 22) / (2 - 1) =
18 / 1 = 18
Marginal utility per dollar = 18 / $2 = 9 utils
Please find attached the table of the utility function. To learn more, please check: brainly.com/question/14850856?referrer=searchResults
Answer:
Nominal GDP for a given year is measured in dollars of that year, whereas real GDP is measured in dollars of some base year.
Explanation:
The correct answer is A. The salary you will earn with a degree will pay back the cost of college over your career.
Explanation:
The phrase "pay off in the long run" is used to explain an action that will have more benefits than costs or disadvantages if this action is considered in the future. This includes post-secondary education because even when this can be expensive it has many advantages that include access to better job opportunities, personal growth and that you will earn a high salary that will exceed or pay back the costs of college. According to this, the words of Dimitri's counselor mean that "The salary you will earn with a degree will pay back the cost of college over your career."
