In the situation above, the construction worker could be described or has experienced a diminishing marginal utility. The diminishing marginal utility happens when an individual has consumed a lot of product or in other words, has an increase of product consumption in the same time the person has a constant consumed on other products. If this happens, there will be a decrease in marginal utility, causing the diminishing marginal utility which has happened in the situation above.
Answer:
$280
Explanation:
Calculation to determine what The cost per equivalent unit of production for direct materials is
Cost per equivalent unit of production= Direct material costs ÷ direct material units
Cost per equivalent unit of production= $280,000 ÷ 1,000 units
Cost per equivalent unit of production= $280
Therefore The cost per equivalent unit of production for direct materials is $280
A price ceiling is the maximum price a company is allowed to charge for that good. This is intended to assist the consumers so that they would not have to be an insane amount for a product.
Answer:
b) not likely to have jurisdiction over the case because QuickAds is based in Georgia.
Explanation:
The Alabama court only has jurisdiction in actions that were performed within the boundary of the state of Alabama. Although David is a resident of Alabama, his law suit is likely due to actions carried out in Georgia where QuickAds the internet company is based.
Also QuickAds only contact with persons in Alabama has been through QuickAds passive advertising.
In this scenario the case can be tried in federal court because it can handle cases across state borders.
Answer:discover where the company's product or brand is on these attributes in the minds of potential customers.
Explanation: The position of a product in the minds of Customers or consumers is a vital factor in determining the sales that can be generated from the product. The perception of potential customers is necessary,so a good marketer or business organisations must ensure that it works to improve upon the perception of its customers concerning it's products or services.
discovering where the company's product or brand is on these attributes in the minds of potential customers is one of the four steps required.
