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den301095 [7]
3 years ago
6

What is the basic difference between cardinal and ordinal approaches of utility?​

Business
1 answer:
Natasha2012 [34]3 years ago
3 0

Answer:

Cardinal utility is the utility wherein the satisfaction derived by the consumers from the consumption of good or service can be measured numerically. Ordinal utility states that the satisfaction which a consumer derives from the consumption of product or service cannot be measured numerically.

Explanation:

hope this helps you.

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As women and minorities move up the management hierarchy, they're often finding it an easy road to travel.
Andrej [43]
The answer is false is is harder to move up because of racism and not wanting women to lead
4 0
3 years ago
If a firm plans to issue new stock, flotation costs (investment bankers' fees) should not be ignored. There are two approaches t
AysviL [449]

Answer:

Floating cost adjustment is 3.25%

Explanation:

Flotation-adjusted cost of equity = (Expected dividend at the end of Year 1 / Net proceeds per share) + Growth rate.

Expected dividend at the end of Year 1 (D1) = $ 2.30 (given in question)

Net proceeds per share = (21.30 - 4 % of 21.30) = $ 20.448

Flotation-adjusted cost of equity = (2.30 / 20.448) + 0.04

= 0.1125 + 0.04

= 0.1525 i.e., 15.25 %.

Flotation cost adjustment = Flotation-adjusted cost of equity - Cost of equity without flotation adjustment.

= 15.25 % - 12 % (given in question)

= 3.25 %.

Conclusion:- Flotation cost adjustment = 3.25 %

4 0
3 years ago
Financial tension may arise from large scale migration of low skilled labor into developed countries due to:_____.
ElenaW [278]

Financial tension may arise from large scale migration of low skilled labor into developed countries due to:

  1. Decreasing wages as supply of labor increases
  2. Net fiscal costs related to social welfare increase

<h3>What is migration?</h3>

This is the movement of people from one country to another. Here, migration take place due to low wage rate being paid to workers, which is not sufficient to meet their daily needs.

There are several reasons for migration. However, the commonest are:

  • People can enjoy better infrastructural facilities like good roads, stable power supply.
  • The standard of living of the people can be enhanced.
  • There will be access to education and job opportunities for the migrants.

When there is frequent migration, such situation can create financial tension or instability to the developing countries. This is because of large scale of low skilled labor that would leave the country and then move to developed countries.

Learn more about migration here: brainly.com/question/18259786

#SPJ1

6 0
2 years ago
In the end, businesses that use teams tend to have ______. a. Fewer sick leaves b. More profits c. More management d. Fewer prod
Lyrx [107]

Answer:

The answers B More profits  

Explanation:

Trust me i just made a 100 in the test

4 0
4 years ago
A current ratio of 6.0 is usually an indication that the firm:
LUCKY_DIMON [66]
The answer is it has<span> not made the most productive use of its assets.
The current asset ratio is calculated by dividing your current assets with your current liabilites. If your current assets is 6 times much larger than your current liability, we can draw a conclusion that the company keep its asset on the back without making an effort to overturn it.</span>
3 0
4 years ago
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