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Marrrta [24]
4 years ago
13

Economists measure the personal satisfaction someone gets from consuming goods and services with the concept of

Business
1 answer:
KiRa [710]4 years ago
6 0
Economists measure the personal satisfaction derived from consuming goods and services with the concept of UTILITY. Utility refers to the total satisfaction derived from consuming a good or service. The utility of a good or service has direct influence on demand  and therefore price of that product.
You might be interested in
New classical economists say that an unanticipated increase in aggregate demand first: Group of answer choices increases the pri
pentagon [3]

Answer:

increases the price level and real output, and then reduces short-run aggregate supply such that the economy returns to the full-employment level of output.

Explanation:

In the case of New classical economists, if there is an increase in aggregate demand i.e. non expected would rise the level of price and real output. After this decrease the aggregate supply i.e. short run in order to get the economy return to the full employement output level

Therefore as per the given situation, the first option is correct

And, the rest of the options would be incorrect

5 0
3 years ago
THREE reasons except politics for the looting of shops,malls and the destruction of business property in GAUTENG and KwaZulu Nat
Helga [31]

Answer:

poverty,lack of AQ,others do it for fun

8 0
3 years ago
The Brown Jug has paid annual dividends of $0.61, $0.64, $0.71, $0.82, and $0.88 per share over the past 5 years, respectively.
Vera_Pavlovna [14]

Answer:

Option (d) 9.59%

Explanation:

Data provided in the question:

Annual dividends paid by the Brown jug

$0.61, $0.64, $0.71, $0.82, and $0.88 per share over the past 5 years

Now,

Present value = $0.61

Future value = $0.88

Time = 4 years                    [as there is no interest for the year 1]

Now,

Future value = Present value × (1 + r )ⁿ

here,

r is the geometric average dividend growth rate

$0.88 = $0.61 × (1 + r )⁴

or

(1 + r )⁵ = 1.4426

or

1 + r = 1.0959

or

r = 0.0959

or

r = 0.0959 × 100% = 9.59%

Hence,

Option (d) 9.59%

6 0
4 years ago
If the demand for and supply of a good both increase, but demand increases by more than supply, price will:
enyata [817]
The price will rise because the manufacturer a cannot meet the demand so it will be harder to get the product
3 0
3 years ago
What G-ocentric model would you understand and predict a limited portion of an employee performance
OlgaM077 [116]

The G-ocentric model of intelligence and general ability or intelligence is synthesized from the geocentric theory of the universe.

<h3>Geocentric theory of the universe. </h3>

The geocentric theory of the universe purports that the earth is at the center of the Universe.

In the same vein, the G-ocentric model of the intelligence of man theorizes that one's general ability (which also is the most important ability) is at the center of that person and that all other skills revolve around it.

<h3>Employee performance and "g"</h3>

Taking it a step further, It was theorized that g - which is general ability is able to predict job conventionally. This meant that if an employer of labor used only intelligence to select the best candidate, overall performance from the employee would be maximized.

More recent research has proven that this theory is wrong. Ptolemy of Alexandria is responsible for developing the geocentric model in the second century.

See the link below for more about Ptolemy of Alexandria (also known as Claudius Ptolemaeus) view:
brainly.com/question/24988466

3 0
2 years ago
Read 2 more answers
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