Term total utility: The utility is the satisfaction that an individual derives from consuming a good or service. Similarly, total utility is the total satisfaction received from consuming a given total quantity of a good or service.
Marginal utility: Marginal utility is the added satisfaction a consumer gets from having one more unit of a good or service. The concept of marginal utility is used by economists to determine how much of an item consumers are willing to purchase. ... Marginal utility can be positive, zero, or negative.
None of the above. The Flu Trends model was based on Goo-gle search data.
<h3>Goo-gle Flu Trends and the Power of Big Data</h3>
In 2009, Goo-gle launched a new service called Goo-gle Flu Trends. The service used data from Goo-gle searches to estimate the level of flu activity in different areas of the United States. The results were pretty accurate - in some cases, Goo-gle Flu Trends was able to detect flu outbreaks before government health agencies did.
Goo-gle Flu Trends was a great example of the power of big data. By analyzing a large dataset, Goo-gle was able to find patterns that would have been otherwise undetectable. And because Goo-gle has so much data, its findings were often more accurate than those of government health agencies.
Unfortunately, Goo-gle Flu Trends was discontinued in 2015. But its legacy lives on - other companies are now using big data to detect disease outbreaks, and the field of data science is only getting more important.
Learn more about trends models:
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Answer: disturbance handler; decisional; more through others.
Explanation:
As a new manager, Candace has had to learn a lot, and sometimes her job is more stressful than she expected. As a manager, she needs to fulfill many roles. Candace schedules employees for shifts at the front desk, in the dog play areas, and in the bathing and grooming rooms.
This is part of the disturbance handler role of management, which falls under the decisional component. To adapt to being a manager, Candace has had to get things done by working more through others.
Answer:
<u>Market segmentation.</u>
Explanation:
Market segmentation is a process used by an organization that divides its potential customer according to tastes, needs and characteristics and similarities between customer groups, with the aim of directing the marketing strategy and product line to each customer group. identify their particularities to meet their own needs more effectively.
Answer. C Binding price floor that creates a surplus
Explanation: A government imposed price of $12 in this market is an example of a binding price floor that creates a surplus as the government has fixed the price of the goods as $12 due to which the floor price is fixed and the surplus is created as the price is too high that the demand of the goods decreases. This intervention by the government is to create surplus by binding the floor price.
