Answer: The four types of economic utility are form, time, place and possession. "Utility" in this context refers to the value, or usefulness, that a purchaser receives in return for exchanging his money for a company's goods or services.
For this case, the first thing you should do is define the variables of the problem.
We have then:
x: amount of soap.
y: amount of coffee.
The budgetary restriction in this case is the following inequality:
3.50x + 14y <= 70
answer:
3.50x + 14y <= 70
Answer: d. offer managers a more realistic comparison of budgeted and actual revenue and cost items under their control.
Explanation: A flexible budget is a budget that is flexible, in that it changes with changes in volume or activity. It reflects the expenditure appropriate to various levels of output and offers managers a more realistic comparison of budgeted and actual revenue and expenditure under their control that is applicable for that particular level of activity attained or achieved. As such it is far more useful and sophisticated than the static budget (whose budget amounts do not change) prepared before the fiscal period began when the production/activity level was uncertain.
Answer:
Consumer behaviour is the study of individuals, groups, or organizations and all the activities associated with the purchase, use and disposal of goods and services, and how the consumer's emotions, attitudes and preferences affect buying behaviour
No because its a resource that cant be depleted because it's energy which cant be created or destroyed, and there are many ways of producing it.
