How far you have to drive to the store to buy an item impacts the consumption utility you associate with it.
This statement is FALSE.
Common utilities include water, sewage, electricity, gas, garbage and recycling. Technology subscriptions such as cable TV, internet, security, and phone services can also be considered utilities. Home utility bills are similar to apartment utility bills, with one major exception. Who will pay the utility bills?
Utility in economics refers to the benefit or enjoyment a consumer obtains from a service or product. The concept of utility is abstract, but it helps explain how and why consumers make choices. "Ordinal" utility refers to the concept that one good is more useful or desirable than another.
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<u>Answer</u>:
Since the mid 1970s, the United States had a significant trade deficit.
<u>Explanation</u>:
The U.S had undergone a trade deficit since the 1970s. This has been contributed to the fact that they have been importing way more supplies and goods than the other countries were buying from the Americans. These imports have affected the native industries. Also, the demand for American products went down drastically and thus contributing to the deficit.
While Europe and Great Britain undertook industrialization in the 18th century, Americans started it in the 19th century-this delay resulted in the US depending upon imported goods and also in US struggling to meet Europe's levels of export.
Answer:Market Orientation
Explanation:
What Is Market Orientation?
Market orientation refers to a process in which businesses make it their priority to identify consumer's needs and desires so that they can produce goods and services that will satisfy the consumers.
It looks at finding ways to enhance the existing product such as expanding it.Markett Orientation is basically customer centered method or process which works towards determining what consumers need, their preferences and their main concerns.
Answer:
A nation-state.
Explanation:
A nation-state is a sovereign polity or state that has a specific territory with clearly defined borders. It also has citizens, laws, and government that presides within that premise. In other words, a nation-state is when a whole nation has a state of its own, predominantly occupied by a single cultural section of people.
An example of a nation-state is Japan, China, North and South Korea, Portugal, etc.
Answer:
D. crime and corruption are serious problems in government
Explanation:
Corruption is a serious problem in many governments around the world. However, some countries face serious problems and seem trapped in an extensive network of corruption that cannot be tackled under any circumstances. This creates a dishonest and shameless political scenario that harms the population in a strong way, leaving all citizens captive and unable to fight it.
