If the price of product x rises, then the resulting decline in the amount purchased will<u> increase the marginal utility of this good.</u>
The difference in overall utility that results from consuming one extra unit of a good is known as marginal utility. Economists utilize the idea of marginal utility to estimate the quantity of a good that consumers will buy.
When the overall utility is increased by the consumption of an additional item, positive marginal utility occurs. On the other side, negative marginal utility arises when the overall utility is reduced by the consumption of one extra unit. Progressive taxation are frequently defended using the law of diminishing marginal utility.
Negative, zero, or positive marginal utility are all possible.
Hence, option B is the correct answer
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The total amount of taxes that the company will pay will be calculated as under -
Total taxes paid = (Taxes on income) + (Taxes on dividends)
Total taxes paid = ($ 9.50 X 39%) + ($ 4 X 10%)
Total taxes paid = $ 3.705 + $ 0.4 = $ 4.105 or $ 4.11
Answer: True- An uncontrollable change in the marketing environment
Explanation:
According to the given question, The manager of the store is noticed that the regular customer of his store is reducing day by day and the customers starts shopping from Walmart super-center.
So, the main fundamental marketing problem is illustrated based on the given scenario is that an uncontrollable change in marketing environment.
An uncontrollable factors basically influencing the various types of organizational factors such as performance, demographics and the technological factors.
Therefore, The given answer is correct.
Answer:
The answer is option (C) authority-compliance style.
Explanation:
The authority-compliance style In the context of the Blake/Mouton leadership grid describes when managers or bosses are overly concerned about the effectiveness with which their employees or subordinates get work done without regard for the well being of such employees.
This kind of dictatorial management style is due to the fact that a manager or boss believes that the needs of his/her subordinates or employees are relatively unimportant when compared to achieving success or getting work effectively done.
