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yan [13]
4 years ago
14

Sharon purchases two products with a given fixed budget, orange juice and soda. Her marginal utility from orange juice is 60 and

her marginal utility from soda is 30. The price of a bottle of orange juice is $2.00 and the price of soda is $1.00. These data suggest that Sharon ___________.
Business
1 answer:
yuradex [85]4 years ago
3 0

Answer:

Sharon is trying to maximize her marginal utility under the fixed budget.

Explanation:

She is buying exactly twice as many orange juices than sodas, because her marginal utility from juice is twice as much as her marginal utility from soda (60 x 30).

She is considering the marginal utility above the price when making her purchase decisions, because while orange juice provides more utility, it is also more expensive than sodas ($2.00 per bottle vs $1.00 per bottle).

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Researching the demographics of a fan base for a particular sport would be most closely associated with which core standard of m
d1i1m1o1n [39]

Answer:Marketing Information Management

Explanation:The process of monitoring, organizing and analyzing the results of data collected from the marketplace with an aim of developing strategies for marketing activities is Marketing Information Management.

Demographics relates to statistical data of a given population. Such as the age, gender, race and so on.

As such, a research of demographics of a fan base is closely associated with marketing information management as the information gathered will be relevant for forecasting.

5 0
3 years ago
What term is used to mean employee expertise and politeness and their ability to convey trust?
melomori [17]

Answer:

The term is Assurance

Explanation:

Assurance is the term that is used to mean employee expertise and politeness and their ability to convey trust. It refers to the employee's knowledge and courtesy and thereby shows his ability to convey trust.

Employees that possess the virtue of assurance in the workplace give their employers the opportunity to trust them. Such employees perform well at work.

4 0
3 years ago
A. the ability to merely project one's abilities in the lack of actual accomplishments B. the ability to reduce the dependence o
MissTica

A leadership is best described as the ability to influence a group toward the achievement of a vision or set of goals.

<h3>What is a leadership?</h3>

In a formal setting, this refers to individual ability to influence, lead and guide others people to accomplish a predetermined mission in the manner desired.

Hence, it is best described as the ability to influence a group toward the achievement of a vision or set of goals.

Therefore, the Option D is correct.

Read more about leadership

<em>brainly.com/question/12522775</em>

#SPJ12

4 0
2 years ago
ABC C.o just completed an IPO with an investment bank on a firm-commitment basis. The firm issues 3 million shares of common sto
Brut [27]

Answer: $150,000,000

Explanation:

Question is:

What were the total proceeds from the common stock sale?

Total proceeds refer to the total amount that the sale of the stock generated. This means that you should not account for the underwriting fees as of yet but just the amount that came in.

= Number of shares sold * price per share

= 3,000,000 * 30

= $150,000,000

3 0
3 years ago
You have $100 in your lunch account and plan to spend $2.75 each school day. how many school days will it take to spend all of t
zloy xaker [14]
Divide $100/2.75= about 36 days as $2.75* x 36=$99
3 0
4 years ago
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