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atroni [7]
3 years ago
5

Diminishing marginal utility of wealth implies that the utility function. Group of answer choices

Business
1 answer:
yan [13]3 years ago
7 0

Answer:

c. has decreasing slope and a person is risk averse.

Explanation:

The marignal utility of wealth represent that the subsequent utility of the person wealth is not perceived as necessary/joyful as the previous one.

This makes the slope of the utility function to go upward but at slower grow.

The first units of wealth produce a great improvement in utlity compared with the followings just like in any other good or service provided in the economy.

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g An investor wants to be able to buy 4% more goods and services in the future in order to induce her to invest today. During th
Hitman42 [59]

Answer: a. I, II and III are true

Explanation:

From the question, the statements that are true are:

I. 4% is the desired real rate of interest. II. 6% is the approximate nominal rate of interest required.

III. 2% is the expected inflation rate over the period.

4% is the desired real rate of interest because that's the rate at which the investor is willing to buy the goods in future.

2% is the expected inflation rate over the period because at that rate, there's expectation of future rise in price while 6% is the approximate nominal rate of interest required which is the addition of the 4% and the 2%.

7 0
3 years ago
Your career test results revealed you are naturally optimistic and very accepting of other's differing perspectives. you are gen
USPshnik [31]
Hello!

I don't really understand the question.. Sorry if this doesn't help!

-EmojiQueen
8 0
4 years ago
A _________ must provide the new business with the opportunity to make money in excess of the competition.
taurus [48]

A <u>competitive advantage </u>must provide the new business with the opportunity to make money in excess of the competition.

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


Competitive advantage refers to the factors that allow a company to produce goods or services better or at a lower cost than its competitors. These factors allow the production unit to generate more revenue or higher profit margins than its competitors in the market. Competitive advantage is due to many factors including cost structure, brand image, product quality provided, distribution network, intellectual property and customer service.

Competitive advantage is what makes an entity's products or services more attractive to customers than  any other competitor.

Competitive advantage can be divided into comparative advantage and differential advantage.

To learn more about competitive advantage from given link

brainly.com/question/26514848

#SPJ4

8 0
2 years ago
Select the correct answer.
Alexandra [31]
ANSWER:D

EXPLANATION:it puts the word out in public
6 0
3 years ago
Read 2 more answers
The 2005 book, The World is Flat, discusses _____.
laila [671]

Answer:

economic globalization

5 0
3 years ago
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