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Ksenya-84 [330]
3 years ago
12

As a person receives more of a good, the _______________ from each additional unit of the good declines.

Business
1 answer:
Vladimir [108]3 years ago
4 0

Answer:

Option (c) is correct.

Explanation:

Marginal utility refers to the additional utility that a consumer can get from consuming additional units.

Law of diminishing marginal utility states that as a consumer consumes more and more quantity of goods, then the additional utility drive from each extra unit of the goods goes on diminishing.

The consumption is assumed to be continuous.

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MAVERICK [17]

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Because private companies don’t have to disclose financial information, they can focus on long-term growth instead of making sure shareholders are getting their quarterly dividends.


Private companies don’t need shareholder approval for operational and growth strategy decisions made by the company, as long as that is stated in their corporate documents.

5 0
3 years ago
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Following up on bad news in writing is important to _________. a. promote good relations b. formally confirm follow-up procedure
Tanzania [10]

Answer:

a. promote good relations

b. formally confirm follow-up procedures

c. establish a record of the incident

Explanation:

If we follow up with the bad news in written form so it is important for promoting the goods relations with the clients or customers, confirming the follow-up procedures with respect to clients or customers, plus it also develops the record of the incident but it does not important to achieve for all of the purposes

Therefore the correct option is a, b and c but not d

5 0
2 years ago
When we watch a production of Hamlet, we know that the actors playing Gertrude and Hamlet will not actually die after being pois
notsponge [240]

Answer:a. Willing suspension of disbelief

Explanation:

What does this phrase mean?

It occurs when we accept event as believable so that we can enjoy the the story line.

This occurs when we watch drama or read a story on the book evethough we know that these are just characters and non of this is true but still in order for us to enjoy the story to the fullest we willingly accept these characters as real in order to have a true feeling towards the story and it's message.

It like when we watch a sad movie and we find ourselves crying because we have accepted the characters to be true in order to fully enjoy the story.

8 0
2 years ago
The purchasing power of people with _____ decreases a lot when inflation occurs.
11Alexandr11 [23.1K]
With fixed incomes, because they will find that the money that they have, when inflation occurs, won't be as worth as much before. The people with rising incomes will rise along with the inflation rates, so they will not feel the effect.
8 0
2 years ago
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For which pairs of goods is the cross-price elasticity most likely to be positive? a. peanut butter and jelly b. bicycle frames
Levart [38]

Answer: d. Pen and pencils.

Explanation:

Cross-price elasticity measures the degree of responsiveness of the demand for a certain good towards the change in the price of a related good. Percentage is used to measure cross-price elasticity.

In case of two goods like pens and pencils, cross price elasticity is positive. That is, if the price of a pen increases, it will lead to an increase in the demand for pencils. The propertional change in price of pens give a positive relative change in the demand for pencils.

3 0
2 years ago
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