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bagirrra123 [75]
2 years ago
8

The law of diminishing marginal utility:_______a) allows us to make interpersonal utility comparisons. b) tells us that an addit

ional dollar is worth less to a millionaire than to a poor person. c) tells us the worth of an additional dollar of income. d) tells us that an additional dollar of income is worth less than the preceding dollar of income.
Business
2 answers:
Reika [66]2 years ago
7 0

Answer:

A) allows us to make interpersonal utility comparisons.

iogann1982 [59]2 years ago
5 0

Answer:

A) allows us to make interpersonal utility comparisons.

Explanation:

The law of diminishing marginal utility states that as each additional unit of product or service is consumed, the benefit or utility obtained from its consumption diminishes (is reduced).

For example, you are very thirsty and drink a cold Coke. The first glass was great, but if you continue drinking more, the satisfaction you get from drinking Coke reduces until finally you do not even want to drink any more.

The law of diminishing marginal utility is not applicable to money.

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Brand x batteries have a mean life span of 102 hours, with a standard deviation of 6.8 hours. brand y batteries have a mean life
prohojiy [21]

Answer:

about 68% of brand x’s batteries have a lifespan between 95.2 hours and 108.8 hours. about 68% of brand y’s batteries have a lifespan between 98.6 hours and 101.4 hours. the life span of brand y’s battery is more likely to be consistently close to the mean.

Explanation:

According to the empirical rule (68–95–99.7 rule) for a normal distribution, 68% of the data falls within the first standard deviation (μ ± σ).

Given for brand x, mean (μ) = 102 hours and standard deviation (σ) = 6.8 hours.

first standard deviation (μ ± σ) = 102 ± 6.8 = (95.2, 108.8)

about 68% of brand x’s batteries have a lifespan between 95.2 hours and 108.8 hours.

Given for brand y, mean (μ) = 100 hours and standard deviation (σ) = 1.4 hours.

first standard deviation (μ ± σ) = 100 ± 1.4 = (98.6, 101.4)

about 68% of brand x’s batteries have a lifespan between 98.6 hours and 101.4 hours.

Since the standard deviation of brand y is smaller than that of brand x, brand y battery is more likely to be consistently close to the mean

5 0
3 years ago
The Pioneer Company has provided the following account balances: Cash $38,000; Short-term investments $4,000; Accounts receivabl
mart [117]

Answer:

$48000

Explanation:

Given: Accounts payable $30,000;

         Accrued liabilities payable $4,000;

         Short-term notes payable $14,000.

Current Liability: It is a financial obligation of the company that need to be paid in a short period of time, within one year or within normal operating cycle.

Now, computing current liabilities from the given information.

Current liability= Account\ payable+ Accrued\ liabilities\ payable+ Short-term\ notes\ payable

⇒ Current liability=  \$ 30000+\$4000+\$ 14000

∴ Current liability=  $48000

Hence, Pioneer's total current liabilities is $48000.

6 0
3 years ago
A manager wishes to improve the job performance of a group of clerical workers. based on herzberg's theory, ________ would be an
Licemer1 [7]

Answer and Explanation:

From the given case/scenario we can state that the manager would choose offering the employees opportunity for the achievement and also recognition . Two factor theory which is also referred to as the Herzberg's hygiene-motivation theory and the dual factor theory, under this there are few certain factors in a workplace which tends to cause the job satisfaction while on the other hand the separate set of another factors tends to cause dissatisfaction, these factors act independently.

4 0
2 years ago
A small private college situated in a rural geographic setting, a research lab at a bio-tech company and an attorney could all b
Gekata [30.6K]

Answer:

The correct answer to the following question is C) Appropriate audience for an advertising campaign.

Explanation:

When a company wants to sell its product in the market , it is very important for them to understand who their target market or target audience are, because these are the people who are in interested in buying company's product not everyone in the market. So it becomes very important for the company to identify who their target audience are and to make a connection with them, so that they can be influence in to buying the company's product.

And in the given above question all of them are example of target audiences.

7 0
2 years ago
Payday loans could be considered
Molodets [167]
C. subprime lending

Its not something you want to do all of the time
7 0
3 years ago
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