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
Gnesinka [82]
3 years ago
5

When diminishing marginal utility starts happening as a person consumes more and more of a given good rev: 04_09_2018 Multiple C

hoice total utility will decrease at a diminishing rate. total utility will increase at a diminishing rate. marginal utility will increase at a diminishing rate. total utility will become negative.
Business
1 answer:
rewona [7]3 years ago
8 0

Answer:

The correct answer is letter "B": total utility will increase at a diminishing rate.

Explanation:

Marginal utility refers to the additional benefit or satisfaction gained from consuming one more unit of a good or service. People buy when marginal utility is greater than marginal cost, and they do not buy when marginal utility is less than marginal cost.  

There is <em>positive </em>and <em>negative </em>marginal utility. Positive marginal utility occurs when additional items are being bought and, as a result, increases the total utility at a diminishing rate. On the other hand, the negative marginal utility takes place when the additional item purchased decreases the total utility at an increasing rate.

You might be interested in
Conrad wanted to offer high-quality meals in his restaurant. His motto was "the best darn meat and potatoes for miles
murzikaleks [220]

Given that Conrad's time of service delivery is slow, my advice to him would be that he has to address his quality and his service.

<h3>What is competitive advantage?</h3>

This term as it applies to the question has to do with the advantage that a business has over its competitors.

For Conrad to have this advantage they must try to serve their customers better and stop making them wait for too long.

Read more competitive advantage on here:

brainly.com/question/14030554

.

8 0
2 years ago
Nelson Manufacturing has the following data:
rusak2 [61]

Answer:

c. $500,000 + .40X = X

Explanation:

Please see attachment

3 0
3 years ago
produces sports socks. The company has fixed expenses of $ 75 comma 000$75,000 and variable expenses of $ 0.75$0.75 per package.
8090 [49]

Answer:

Results are below.

Explanation:

Giving the following information:

Selling price= $1.5

Unitary variable cost= $0.75

Fi<u>rst, we need to calculate the unitary contribution margin:</u>

<u></u>

Contribution margin= selling price - unitary variable cost

Contribution margin= 1.5 - 0.75

Contribution margin= $0.75

<u>Now, we can calculate the contribution margin ratio:</u>

contribution margin ratio= contribution margin/selling price

contribution margin ratio= 0.75/1.5

contribution margin ratio= 0.5

7 0
3 years ago
Discuss why customer relationship management systems help organizations achieve customer intimacy
kipiarov [429]
CRM frameworks coordinate and robotize client confronting forms in deals, advertising, and client benefit, giving an undertaking wide perspective of clients. Organizations can utilize this client learning when they cooperate with clients to furnish them with better administration or to offer new items and administrations. These frameworks likewise recognize productive or nonprofitable clients or chances to decrease the agitate rate. The significant client relationship administration programming bundles give capacities to both operational CRM and diagnostic CRM. They frequently incorporate modules for overseeing associations with offering accomplices and for worker relationship administration
4 0
3 years ago
When there is more choice for proceducers and consumers, that is a Command Economy.
yaroslaw [1]
Correct Answer: False
7 0
3 years ago
Other questions:
  • Fergie has the choice between investing in a State of New York bond at 9.4 percent and a Surething Inc. bond at 12.0 percent. As
    10·1 answer
  • What is the advantage of a variable-interest loan?
    12·1 answer
  • Eve's Apples opened for business on January 1, 2021, and paid for two insurance policies effective that date. The liability poli
    7·1 answer
  • For critically ill patients, _____ provide the majority of energy.
    12·1 answer
  • Energy is carried to earth in
    5·2 answers
  • Noah graduated with his B.A. in early childhood education in December, but public schools are not hiring until spring.
    13·1 answer
  • A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells
    8·1 answer
  • Tools can be used safely for jobs that they were not designed to do. True or False
    8·2 answers
  • Jaymes Corporation produces high-performance rotors. It expects to produce 69,000 rotors in the coming year. It has invested $8,
    12·1 answer
  • Sneaky Sales Retailing advertised a bicycle for a 40 percent sale price of $449 but when customers came in for the sale, the sal
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!