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Marta_Voda [28]
3 years ago
10

Lee saves most of his money from his paycheck; he forgoes restaurant meals, new clothes, and a new car, and he lives in a small

one-bedroom apartment. He understands that his utility is low now. However, his ______________ will give him _____ utility in the future.(A) intertemporal decision making; higher(B) intertemporal decision making; lower(C) planning; lower (D) time-preference decision making; higher
Business
1 answer:
jekas [21]3 years ago
8 0

Answer: Option A    

           

Explanation: In simple words, intertemporal decision making refers to the study of how the decision made by an individual today affects the choices that he or she have in the future. It is based on the assumption that less consumption today will bring significant increase in consumption tomorrow.

In the given case, despite of having enough income to lead a healthy lifestyle  in present,Lee decided to save his money in the future. This will lead to choices fro him that will give him higher utility.

Hence from the above we can conclude that the correct option is A.

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J. Pitner Clothing is a medium-size specialty men's and women's clothing store in a market with many other specialty stores, dep
rjkz [21]

Answer: True - Monopolistic competition

Explanation:

The monopolistic competition is one of the type of imperfect competition in which the various types of industries selling the products and the services that is basically differentiated from others.

In the monopolistic competitors, the different types of decision taken by an organizations are not directly affecting the other competitors in the market.

 According to the question, the J. Pitner's is basically refers to the monopolistic competition in the given competitive environment as it helps in establishing the reputation by offering the various types of high quality services.        

 Therefore, Monopolistic competition is the correct answer.

5 0
3 years ago
Which of the following is least likely to result in product innovations that have near-term commercial application? Multiple Cho
kaheart [24]
<h2>Basic research is the least likely to result in product innovation that have near-term commercial application</h2>

Explanation:

Basic research, is otherwise called pure research. This is the first step in production innovation. This is followed by "applied research", then "innovation development", then to go for "production-sales-market".

The information gathered here will be very light or a starter. It is not possible to foresee all the outcomes or the benefits which is achieved in the basic research.

We cannot even predict the types of research knowledge which might add a value to the future changes

6 0
2 years ago
"While standing on a bank you wish to spear a fish in front of you. Would you aim above, below, or directly at the observed fish
arlik [135]

To spear the fish you would need to aim below the observed fish to

make a direct hit -<u>Therefore, in order to strike the fish you should aim below where the  fish appears to be. -Answer is( 2) Below; directly</u>

With a laser, you would aim directly at the fish <u>-Answer is (1) none of the above</u>

Explanation:

 

"In both cases, of course, the light coming from the fish is refracted

away from the normal as it travels through the water surface to your

eyes. As a result, the fish appears closer to the surface than it

really is.

(a) If you are using a bow and arrow to spear the fish you

should realize that the arrow will not deviate as it enters the water;

it will continue along the original straight line path from the bow.

<u>Therefore, in order to strike the fish you should aim below where the </u>

<u>fish appears to be. -Answer is( 2) Below; directly</u>

 

(b) When you use a laser gun to zap  the fish then you should realize

that the beam will be refracted as it enters the water. In fact, the

laser beam will travel along exactly the same path as the light from

the fish (although in the opposite direction!). Therefore, <u>in order to </u>

<u>hit the fish you should aim you laser gun directly where the fish </u>

<u>appears to be."-Answer is (1) none of the above</u>

7 0
2 years ago
The most competitively effective and very likely most profitable long-term approach to reducing or eliminating the impact of pay
monitta

Build and equip a production facility in Europe-Africa and then expand it as may be needed to supply all ( or at least most) of the pairs the company intends to try to sell in Europe-Africa is the most competitively effective and very likely most profitable long-term approach to reduce or eliminate the impact of paying tariffs imported to a company's distribution warehouse in Europe-Africa.

Tariffs are taxes imposed by one country on goods or services imported from another country. Tariffs are trade limitations that raise prices and decrease available quantities of goods and services for U. S. businesses and customers.

A “unit” or specific tariff is a tax levied as a fixed charge for each unit of a good that is imported – for instance, $300 per ton of imported steel. An “ad valorem” tariff is levied as a proportion of the value of imported goods. An example is a 20 percent tariff on imported automobiles.

Learn more about Tariffs here brainly.com/question/8000501

#SPJ4

3 0
1 year ago
An incumbent monopolist producing more output than necessary might be able to keep potential rivals from entering
wariber [46]
The answer will indeed be A
5 0
3 years ago
Read 2 more answers
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