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leonid [27]
2 years ago
11

6. Choose a good you are familiar with, and analyze its economic utility, using the questions below. NOTE: Choose a good for thi

s exercise, not a service.
a. What type of good did you choose? (1 sentence. 1.0 points)





b. Describe the form utility of the product you chose. What makes its form useful? Can you think of any improvements that could be made to its form utility? (1-3 sentences. 2.0 points)




c. Describe the place utility of the product. Can you think of any improvements that could be made to its place utility? (1-3 sentences. 2.0 points)




d. Describe the time utility of the product. Can it be improved at all? (1-3 sentences. 2.0 points)




e. Describe the possession utility of the product. Can it be improved at all? (1-3 sentences. 2.0 points)




f. Describe the information utility of the product. Can it be improved at all? (1-3 sentences. 2.0 points
DONT JUST PUT AN ANSWER FOR POINTS
Business
1 answer:
xxTIMURxx [149]2 years ago
6 0

Answer:Rational expressions are fractions that have a polynomial in the numerator, denominator, or both. ... There are no numbers that can do this, so we say “division by zero is undefined”. ... Find any values for x that would make the denominator equal to 0 by setting the ... Answer. The domain is all real numbers except −9 and 1.

Explanation:

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If the price elasticity of demand for a product is -2.5, then a price cut from $2.00 to $1.80 will _________ the quantity demand
UkoKoshka [18]

If the price elasticity of demand for a product is -2.5, then a price cut from $2.00 to $1.80 will <u>increase </u>the quantity demanded by about  <u>2.5%</u>.

Price elasticity of call for is a measurement of the trade in the intake of a product on the subject of exchange in its price. Expressed mathematically, it's miles: charge Elasticity of demand = percent trade-in quantity Demanded / percentage trade-in rate.

we are saying a great is price elastic whilst growth in prices causes a bigger % fall in demand. e.g. if fee rises 20% and demand falls 50%, the PED = -2.five. Examples consist of Heinz soup.

Learn more about Price elasticity here: brainly.com/question/24384825

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6 0
1 year ago
Which one of the following best illustrates that the management of a firm is adhering to the goal of financial management?a. An
-BARSIC- [3]

Answer:

increase in the market value per share

Explanation:

Market value per share is the price that the share of a company can be traded if it is to be sold to a willing investor in a stock market.

The market value per share is determined by the company's financial performance, favorable market information concerning the enterprise, perceived future prospects plus investors or public confidence.

One of the goals of financial management is the maximization of the shareholders wealth, this will find expression in how the business actions or inaction of the management has enriched the shareholders.

5 0
3 years ago
Is interest on loan an expense or a liability....Please help​
GREYUIT [131]

Answer:

expense

explanation :

when we're about loan we are talking about a business or a person who is taking a loan. in this case the person or the firm pay interest on the loan.

3 0
1 year ago
Shopper's Choice Department Stores has fallen behind in payments to suppliers due to cash flow shortages. Some suppliers are wit
icang [17]

Answer:

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5 0
2 years ago
What is the benefits of international bussiness to firms ?​
muminat

Answer:

Benefits to Firms

It helps in improving profits of the organizations by selling products in the nations where costs are high. It helps the organization in utilizing their surplus resources and increasing profitability of their activities. Also, it helps firms in enhancing their development prospects.

Explanation:

i just looked it up so hope it helps ;)

4 0
2 years ago
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