Answer:
The best answers is "B"
the marginal utility of the last bag of Doritos Fred bought is 50 units.
Explanation:
According to the law of diminishing marginal utility, after some point the more we consume of something, the less each additional unit adds to our satisfaction.
the marginal utility of the last bag of Doritos Fred bought is 50 units because Crackerjacks cost twice as much as Doritos.
Answer:
B
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Consumption spending includes spending by households on goods and services. Consumption spending includes :
spending on durables - e.g. laptop
spending on nondurables - e.g. clothes, food
spending on services - e.g. payment of hospital bill
the purchase of a textbook by a student is an example of consumption spending on durable goods
Investment - It includes purchases of goods and services made by businesses in the production of goods and services
Government spending - It includes government consumption expenditure and gross investment.
The GDP would differ because the prices of oranges and apples are different
For example, if the price of an apple is $4 and the price of an orange is $1.
The contribution of apples to GDP =$4 x 100 = $400
The contribution of oranges to GDP =$1 x 100 = $100
Answer:
The statement is: True.
Explanation:
Environmental scanning refers to the analysis companies make of the immediate and further atmosphere that will allow them to spot <em>threats </em>to counteract or mitigate them and <em>opportunities </em>from where the firm can make a profit. Organizations engaging environmental scanning constantly review different mediums of communication and conduct researches that will keep them up-to-date on market fluctuations.
<span>Long ago in a distant land, I, Aku, the shapeshifting Master of Darkness, unleashed an unspeakable evil! But a foolish Samurai warrior, wielding a magic sword, stepped forth to oppose me. Before the final blow was struck, I tore open a portal in time and flung him into the future, where my evil is law! Now the fool seeks to return to the past, and undo the future that is Aku</span>