Based on the marginal benefit of each additional shield decreasing, the reason why it would happen in real life is that there are additional advantages as quantity consumed increases.
<h3>Why does marginal benefit decrease?</h3>
Marginal benefit will decrease as more goods are acquired because the benefit that each additional shield will bring is less than what the last shield would bring.
Take this example for instance. You wanted ice cream and as you kept taking more ice cream, you wanted more and more at first but then began to want less and less ice cream because you were getting full.
This is the same with the shields. As you acquire more shields, they become less useful because you can't use all of them. This shows that the marginal benefit has decreased.
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Answer:
B) intuition
Explanation:
Analyzing the scenario above, it is clear that Phyllis Stintson performed the decision-making process according to her intuition.
It is possible to perceive the use of intuition as the question provides information that he made the decision by drawing unconscious references from several different experiences in the past.
Intuition can be an important skill for leaders, who need to make decisions that are increasingly quick and important for the success of an organization, so it is important that a leader's self-awareness is a valued characteristic, because from self-awareness the leader has greater emotional control over his experiences, his intuition, his knowledge and other essential characteristics which will be useful to base an important decision-making process.
Answer:
by the equilibrium between supply and demand for workers
Explanation:
Wages are the amount to pay workers for a particular job when employed. Therefore, determining the wages for a particular job is mostly dependent "on the equilibrium between supply and demand for workers, " and sometimes location.
This is because the higher the number of workers available, the lesser the employers would be willing to increase the wage level of employees given the fact that they can easily find another employee. However, where there is a lesser number of employees for a particular job, the employers would be willing to increase the employees' wages to entice them.
Answer:
85 units
Explanation:
Annual demand = 3,400 units
Using 40 weeks per year & 4 days per week, the no of days per year = 160 days (40*4)
Average daily demand (d) = Annual demand / Number of days per year
Average daily demand (d) = 3400/160
Average daily demand (d) = 21.25 units
Lead time (L) = 4 days
Reorder point = Average daily demand (d) * Lead time (L)
Reorder point = 21.25 * 4
Reorder point = 85 units