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s344n2d4d5 [400]
3 years ago
14

When the marginal benefits of a decision is equal to the marginal costs, it is called _____________. (SSEF2) * 1 point equilibri

um scarcity specialization a rational decision
Business
1 answer:
Sati [7]3 years ago
5 0

Answer:

A rational decision

Explanation:

Marginal decision involves using more than or less than what you have by comparing the cost and benefits. Marginal cost is the additional cost as a result of making a different decision while the marginal benefit is the additional benefit as a result of making a different choice.  A rational decision is a decision in which the marginal benefits as a result of taking that decision is greater or equal to the marginal cost of that decision.

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Fidelity Investments is the second largest mutual fund and financial services group worldwide. It has various offices in cities
mel-nik [20]

Answer:

Intangibility

Explanation:

Intangibility means a service that is not physical and therefore cannot be touched. Products are tangible and services are intangible in nature. Intangibility of services is gotten from the fact that a service cannot be seen or touched. A service is carried out and delivered on spot therefore it cannot be measured as easily as a tangible product.

A lot of problem are encountered in service marketing as a result of intangibility of services. Tangible elements have to be added your service to supplement your marketing strategy.

Another problem that arises from intangibility of services is that services cannot be stored.

3 0
3 years ago
Read 2 more answers
what best describes ""accountability"" in journalism? group of answer choices representing and telling stories of company matter
stepan [7]

"Accountability" in journalism: Journalism businesses typically apprehend this principle of duty through admitting mistakes and correcting them promptly, as referred to in SPJ's Code of Ethics. most additionally submit complaints in their news efforts contained in letters to the editor.

The definition of accountability is taking or being assigned duty for something that you have executed or something you're presupposed to do. An example of responsibility is when a worker admits mistakes she made on a challenge.

Accountability, in phrases of ethics and governance, is equated with answerability, blameworthiness, legal responsibility, and the expectancy of account-giving. As in a thing of governance, it's been central to discussions related to problems in the public quarter, nonprofit, and personal and personal contexts. duty is a guarantee that a man or woman or an agency could be evaluated on their performance or behavior associated with something for which they're responsible. The term is associated with obligation but is seen as greater from the attitude of oversight.

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4 0
2 years ago
suppose a worker quits her job in order to look for new work. after a week or two of looking, she finds a new job. during her br
Alinara [238K]

Suppose a worker quits her job in order to look for new work. after a week or two of looking, she finds a new job. during her brief job search, she experienced frictional unemployment

<h3>What is frictional Unemployment</h3>

Frictional unemployment occurs when an individual is temporarily unemployed as a result of searching for new or better job.

This is a time of transition usually from an existing job to a new one.

Therefore, Suppose a worker quits her job in order to look for new work. after a week or two of looking, she finds a new job. during her brief job search, she experienced frictional unemployment

Learn more on frictional unemployment below,

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3 0
2 years ago
Taxicab fares in most cities are regulated. Several years ago taxicab drivers in Boston obtained permission to raise their feres
Scorpion4ik [409]

Solution:

Let's start by assuming that the taxi ride demand is extremely elastic, to the extent that it is vertically sluggish! If the cabbies raise the fair price by 10% from 10.00 per mile to 11.00 per kilometre, the number of riders remains 20.

Total income before fair growth= 20* 10= 200.

Total income following fair growth = 11* 20= 220.

A 10% increase in the fare therefore leads to a 10% increase in the driver's revenue.

Therefore, the assumption in this situation is that the cab drivers think the taxi driving requirement is highly inelastic.

The demand curve facing the drivers of the cab is still inelastic, but not vertically bent.

When the rate increased from 10% to 11, riders declined from 20% to 19%

Total revenue before fair growth is 20* 10= 200

The gap between revenue and fair growth is 19* 11= 209

This means that a realistic 10% raise doesn't result in a 10% boost on income Because the market curve for taxi rides is not 100% inelastic, but rather low inelastic, so that a fair increase (control) allows consumers to lose their incomes.

7 0
3 years ago
Which statement is supported by the information in the
sleet_krkn [62]

Answer:C. The price per stock declined from 2008 to 2009

Explanation: the graph declines at 2008 and increases at 2009

5 0
3 years ago
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