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S_A_V [24]
3 years ago
13

Customers are usually more willing to pay more for the first unit of a good they purchase than for the​ second, third, or subseq

uent units. This implies that
A. firms are using nonminuslinear price discrimination.
B. typical consumers are irrational.
C. typical consumers have a downward sloping demand curve.
D. firms are unable to determine their​ customers' reservation prices.
Business
1 answer:
Oksana_A [137]3 years ago
7 0

Answer: Option C

Explanation: The given case, illustrates the law of diminishing marginal utility. As per this law, as the consumer consumes more and more of goods the marginal utility from every additional unit tends to decrease.

This makes the demand curve of the individual, slope downward. As the utility satisfaction decreases the price consumer willing to pay decreases .

  Hence from the above we can conclude that the correct option is C.

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A dairy producer has determined that almost all grocery consumers are potential customers for its products. Which type of market
Flauer [41]

Answer:

undifferentiated

Explanation:

8 0
3 years ago
A business produces 10 units of output. Its average variable cost (AVC) = $25, average fixed cost (AFC) = $5, and marginal cost
kramer

Answer: $30

Explanation:

Given that,

Average variable cost (AVC) = $25

Average fixed cost (AFC) = $5

Marginal cost (MC) = $30

Average total cost (ATC) = Average fixed cost (AFC) + Average variable cost (AVC)

                                          = $5 + $25

                                          = $30

Therefore, average total cost is the sum of average fixed cost and average variable cost. Alternatively, average total cost is calculated by dividing total cost to units of output produced.

6 0
3 years ago
A risky fund has an expected return of 17% and standard deviation of 25%. The risk-free rate is 9%. The expected return of the o
Marrrta [24]

Answer:

the Sharpe ratio of the optimal complete portfolio is 0.32

Explanation:

The computation of the sharpe ratio is shown below:

= (Return of portfolio - risk free asset) ÷ Standard deviation

= (17% - 9%) ÷ 25%

= 8% ÷ 25%

= 0.32

Hence, the Sharpe ratio of the optimal complete portfolio is 0.32

We simply applied the above formula

4 0
3 years ago
Pls helpppp!!! I don’t know and idkk
irakobra [83]

Answer:

b

Explanation:

have a great day!!!!!!!

3 0
3 years ago
Read 2 more answers
A _________ specializes in developing plans and recommendations that meet the software and system needs of an organization.
Gwar [14]

A person that develop plans as well as making recommendations so that software and system needs can be met in an organization is systems analyst.

  • systems analyst can be regarded as a person that utilize his experience in analysis and design techniques to make recommendation in term of needs of the organization.

  • This could be in Tech. industry such as in software and others.

Therefore, systems analyst is correct.

Learn more:

brainly.com/question/9349989?referrer=searchResults

5 0
2 years ago
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