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Mrrafil [7]
3 years ago
14

What role does utility play in the economic model of consumer​ behavior? When modeling consumer​ behavior, utility A. reflects t

he enjoyment a consumer receives from consuming a particular set of goods and services. B. provides an objective measure of satisfaction from consuming a particular set of goods and services in units called​ "utils." C. identifies the consumer who receives the most satisfaction from consuming a particular set of goods and services. D. identifies the combination of goods and services that can be produced most efficiently. E. identifies the combination of goods and services that is least expensive.
Business
1 answer:
olya-2409 [2.1K]3 years ago
4 0

Answer:

A. reflects the enjoyment a consumer receives from consuming a particular set of goods and services

Explanation:

When modeling consumer​ behavior, utility reflects the enjoyment a consumer receives from consuming a particular set of goods and services

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3 years ago
Which of the following best describes why German firms were nationalized after World War II?
Akimi4 [234]

Answer:

<u>D. Happenstance.</u>

Explanation:

The fact that German firms were nationalized has often been regarded as mere happenstance; meaning it just occurred based on the circumstances they were in immediately after World War II.

It thus encompasses several factors such as the cost of operations, changes in government, etc, not just one factor.

3 0
3 years ago
Sherman, Inc. manufactures chainsaws that sell for $65. Each chainsaw uses $14 in direct materials and $9 in direct labor per un
anzhelika [568]

Answer: $18

Explanation:

Based on the information,

Sales revenue = $65 × 225 = $14625

Cost of goods sold = (45 × $20) + (1125 × $4) + (225 × $14) + (225 × $9)

= $900 + $4500 + $3150 + $2025

= $10575

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= $4050

The gross profit for one chainsaw will be:

= $4050/225

= $18

6 0
3 years ago
Which of the following does not represent an asset of a company?
mariarad [96]

Answer:

4. Amounts owed to suppliers

Explanation:

We know that

Balance sheet comprises of assets, liabilities and the stockholder equity

The assets could be classified into current asset, fixed asset, and the intangible assets

While the liabilities are also classified into current liabilities and the long term liabilities  

The account receivable, equipment, supplies have come on the asset side of the balance sheet whereas the account payable or amount owed to suppliers have come on the liabilities side of the balance sheet

So, the most appropriate option is 4.

3 0
3 years ago
13. How can you apply consumer skills to purchase decisions?
Stells [14]

Explanation:

is this for consumer maf skills ?

4 0
3 years ago
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