1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
cupoosta [38]
3 years ago
10

Telling your spouse where you would like to go out to eat for your birthday makes sense in terms of utility maximization. This s

tatement recognizes that ______.
Business
1 answer:
Elanso [62]3 years ago
8 0

Answer:

The correct answer is: The benefit of making the request will likely exceed the cost.

Explanation:

Utility maximization implies obtaining the greatest return after making a decision considering the least amount possible of resources in the process to obtain what is desired. The benefit is greater than the cost, utility maximization takes place in determining what the benefit and the cost could be.

Thus, <em>if you decide to tell your spouse where to go to eat for your birthday, the benefit of informing that is likely higher than the cost of disclosing that information</em>.

You might be interested in
Entry-level jobs usually pay:
julia-pushkina [17]
Depends upon what you call entry level jobs and where you're at i've seen anything from 30k to 70k

6 0
3 years ago
Read 2 more answers
hotwax makes surfboard wax in two sequential processes. This period, Hotwax purchased $62,000 in raw materials. Its mixing depar
Sliva [168]

Answer:

The answer is given below

Explanation:

<em>From the question given, we resolve the issue as follows:</em>

<em>Hotwax purchased $62,000 in raw materials</em>

<em>The  mixing department requisitioned $50,000 of those materials for use in production.</em>

<em>We prepare a journal entries to record its purchase of raw materials and requisition of direct materials.</em>

<em>Raw materials   Inventory   = $62,000  </em>

<em>                           Cash = $62,000</em>

<em>Wip                                   50,000</em>

<em>Raw materials   Inventory = $50,000</em>

3 0
3 years ago
Miguel is a new salesperson for Imperial Realty. Dissatisfied with the lack of mentoring he has received, he decides to work for
Mama L [17]

Answer:

Miguel cannot keep the listings; they belong to Imperial Realty.

Explanation:

Since Miguel decides to work for Millennium Real Estate instead and want to transferred his license but at the time of switching,  he listed two properties.

So as a salesperson he cannot keep the listing as it belongs to a broker not a salesperson and the broker should also be reassigned to the new salesperson plus it also belongs to the imperial realty which he has not part anymore

3 0
3 years ago
What is one difference between a firm in a perfectly competitive industry and a firm in a monopolistically competitive industry?
____ [38]

Answer:

Letter b is correct.<em> A monopolistically competitive firm faces competition from firms producing close substitutes.</em>

Explanation:

<u>Monopolistic competition</u> is an economic situation that occurs when companies exhibit imperfect competition, that is, companies market similar but not identical products, which characterize them as substitute but not perfect substitute products.

Products may have different variables, such as quality, price and reputation in the market. The greater the degree of product differentiation, the more price control the company will have.

5 0
3 years ago
Patricia McCarthy lives in a subsidized apartment complex for low-income senior citizens. She pays a monthly rent of $297 for a
love history [14]

Answer:

$4,068

Explanation:

Margret's monthly rent = $297

Monthly electricity costs = $42

Her costs per year will be

= ($297 x 12) + ( $42 x 12)

=$3,564 + $504

=$4,068

4 0
3 years ago
Other questions:
  • Rhiannon is confident she can complete a difficult problem set in one of her engineering courses. rhiannon has high self-:
    8·1 answer
  • Savings for You, a discount retail chain, is highly competitive. When entering a new market, Savings for You often cuts prices s
    15·1 answer
  • An operation is located in a jurisdiction that allows it to hold TCS food without temperature control. How many hours can it dis
    9·1 answer
  • The government can raise revenue by taxing the sellers without creating deadweight loss when the demand for the goods being taxe
    5·1 answer
  • Harold fuller is buying shares in a mutual fund that invests in the same companies that are found in the s&amp;p 500 and in roug
    6·1 answer
  • 50 points! marking brainliest​
    6·2 answers
  • Kohl Co, provides warranties for many of its products. The January 1, 2019, balance of the Estimated Warranty Liability account
    7·1 answer
  • Pharoah Manufacturing uses an activity-based costing system for its cutting department. The activity cost totals $154546. The nu
    6·1 answer
  • The public relations function can be handled by an internal public relations officer or department or by an external public rela
    9·1 answer
  • Extension activity A: Calculating profit Question 1 Marie sells doughnuts at school to earn extra pocket money. She buys the dou
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!