1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
Delegating authority and responsibility throughout an organization is known as: Multiple Choice management by exception. central
Yakvenalex [24]

Answer:

Decentralization

Explanation:

It is a process through which the authority of an organization is delegated to lower managers. The lower managers are given more responsibility which is the opposite of the centralization in which the decision making power is concentrated in the hands of a few people. The top-level managers take all the decisions in the organization with centralized authority.

In decentralized authority, lower managers can decide on their own as long as it is in sync with the overall goal of the organization, but the authority to take static decisions and control and coordination remain in the hands of top-level managers.

5 0
3 years ago
Which statement is FALSE?
morpeh [17]

Answer:BB

Explanation:b

3 0
3 years ago
Lisah, Inc., manufactures golf clubs in three models. For the year, the Big Bart line has a net loss of $5,000 from sales $201,0
mel-nik [20]

Solution:

Differential Analysis:      

                                      Continue      Eliminate      Net income

                                                                                   Inc/Dec  

                                                                                             

Sales                               201000             0                -201000  

variable cost                     176000             0                 176000  

Contribution margin          25000              0                -25000  

Fixed cost                        30000           20300               9700  

Net income / (loss)           -5000             -20300          -15300  

No, The Product line shall not be eliminated  

4 0
3 years ago
Gables purchased used Mercedes from a German company. The cars were built for the German market and met its safety and pollution
Mazyrski [523]

Answer: (E) none of the other choices

Explanation:

None of the options are correct in the above question.

The USA extends Most Favoured Nation Status to most countries in the world including Germany so that would not be a reason for the car's not to pass through customs.

The cars could indeed be a threat to national security. Just because they come from a safe country does not mean that they were not tampered with. They need to be properly inspected.

They are indeed a source of competition for US automakers but that would be no reason to stop them. Perhaps tariffs could be applied on them but they will not be stopped.

There is no provision in US Customs practices that prohibits the importation of used cars solely because they are used cars therefore it will not be a reason to halt the car's going through customs.

None of the options are therefore correct.

5 0
3 years ago
Which of the following statements is not correct?
Alexeev081 [22]

Answer:

B. The owner's drawing account is closed to the Income Summary account

Explanation:

5 0
3 years ago
Other questions:
  • A business is concerned with many day-to-day activities. Some of the most important of these activities are the planning and dev
    14·1 answer
  • When different invest Assume​ Evco, Inc. has a current stock price of $ 50.00 and will pay a $ 2.00 dividend in one​ year; its e
    15·1 answer
  • The country of Cretonia is the only source of the rare mineral zhytan used in nuclear reactors. The country of Fredonte can prod
    14·1 answer
  • A quorum to do business in either house of congress is whenever a is present
    15·1 answer
  • You are the project manager of the BHY Project. Your project customer has demanded that the project becompleted by December 1. D
    13·1 answer
  • Legislation that offers immediate and easily recognized benefits, at the expense of costs that are observable only in the distan
    10·1 answer
  • A firm purchases goods on credit worth $90. The same firm pays off $100 in old credit purchases.
    8·1 answer
  • Cover page styles in the cover page gallery match the preformatted ____ styles in word, making it easier to create a coherent st
    15·1 answer
  • Robin Hood's statement of cash flows contained the following: Cash flows from operating activities in the amount of $29,400 Cash
    8·1 answer
  • INTERVIEW a business owner on the crisis experienced in the workplace attach an interview schedule as part of your oral presenta
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!