Consumers experience ______ marginal utility the more they consume of a particular good or service.

Answers

Answer 1

Answer:

less

Explanation:

The law of diminishing marginal utility states that, as consumption of a good or service increases, its marginal utility decreases.


Related Questions

Sure Start wants their new international managers to develop greater emotional intelligence by identifying their strengths and weaknesses. Charlie would like the managers to focus on their own internal conditions, such as how they manage and control their own impulses. Which principle is Charlie asking the managers to examine

Answers

Charlie is asking the managers of Sure Start to examine and implement D. Self-Regulation.

What is Sure Start asking for?

Sure Start is asking that managers learn to regulate their own emotional intelligence by themselves.

This is self-regulation and it involves looking at one's strengths and weaknesses and playing to the strengths, while working on weaknesses.

Options for this question are:

a. Empathyb. Self-awarenessc. Motivationd. Self-regulation

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which filter can be used to find a specific project when in the work area?

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The filter that can be used to find a specific project when in the work area is: Project name.

Project Filter

When looking or searching for a particular project  that meet your requirement  in a work area, in order to find the project the best thing to do is to include the following filter as it will enables you to find the project you are looking for;

Project nameDue dateTemplate nameTeam member

Therefore the filter that can be used to find a specific project when in the work area is: Project name.

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The arrival of the Great Recession brought an unprecedented increase in home mortgage defaults despite years of efforts to create more sophisticated underwriting methods and standards. This can be attributed to:

Answers

This can be attributed to period of turmoil in the financial markets at the time of the Great depression.

What is Great Depression?

Great depression refers to the great economic turn down which was stated due to the fall in the market of the stock prices in the year 1929 and 1930. It was the economic depression.

Despite years of efforts to develop more sophisticated underwriting procedures and regulations, the coming of the Great Recession prompted an unprecedented rise in house mortgage defaults. This is explained by period of turmoil in the financial markets.

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A shift to a more expansionary monetary policy will a. exert a stabilizing impact if the effects of the policy are felt when the economy is operating at its full-employment capacity. b. exert a stabilizing impact on the economy if the effects of the policy are felt during an economic downturn. c. help bring inflation under control. d. reduce the natural rate of unemployment.

Answers

Most time, any shift to a more expansionary monetary policy will exert a stabilizing impact on the economy if the effects of the policy are felt during an economic downturn.

What is an Expansionary monetary policy?

This fiscal policy is employed by the central bank to stimulate the economy because its increases the money supply, lowers interest rates, increases demand etc.

Therefore, the Option B is correct.

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Corporate shareholders are best protected from incompetent management decisions by

Answers

The shareholders are protected from incompetent management by the Board of Directors.

Who are the Board of Directors?

There are a group of people that represent the interests of shareholders to ensure that these interests are looked after.

The Board of Directors scrutinizes management decisions to make sure that they are not inefficient and dangerous to the company.

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Because successive units of a good produce less and less additional satisfaction, the price must fall to encourage a buyer to purchase more units of the good. This statement is most consistent with which explanation for the law of demand? Multiple Choice diminishing marginal utility the rationing function of prices the income effect the substitution effect

Answers

The above statement is most consistent with the diminishing marginal utility.

What is diminishing marginal utility?

Diminishing marginal utility refers to the decline in additional satisfaction derived from the consumption of more and more units of goods.

Hence, the above statement is most consistent with the diminishing marginal utility.

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what must an applicant for a real estate license do if they have been convicted of a crime

Answers

The thing which an applicant for a real estate license should do when he has a crime conviction is to disclose all convictions on the application.

What is a Crime Conviction?

This refers to legal process where a person is accused of a crime, tried, found guilty and sentenced.

Hence, we can see that after the sentencing, there is already a crime conviction and this must be stated for a person that wants to apply for a real estate license.

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Kim-Lee founded a software development company at the age of 27. Over time, he developed the company into a multibillion-dollar transnational organization. He is currently the chief technical officer of the company, holds 75 percent stock of the company, and makes major decisions regarding the products that would be made available to consumers. In the context of Wright's model of the U.S. class structure, Kim-Lee belongs to the __________.

Answers

Based on his activities so far, Kim-Lee according to Wright's model of the U.S. class structure, belongs to the Capitalist class.

What is Wright's model of the U.S. class structure?

Erik Wright identified four social classes in the United States which are the Capitalists, the Petty Bourgeoise, the Managers, and the Workers.

Kim-Lee is a capitalist because these are the people who own companies and are very wealthy.

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why is innovation a key component of a manager's job in today's business environment?

Answers

Innovation gives companies a "fresh" image without changing much real substance.

What is innovation?

This refers to the process or an exciting new way of doing something. It involves coming up with new ideas, which is different from the existing one.

Hence, innovation is a key component of a manager's job in today's business environment because it gives companies a "fresh" image without changing much real substance.

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Tony is giving a presentation about needed repairs to the exterior of the small condo building where he lives. He is speaking to other residents at a meeting in the building. In introducing his presentation, he notes how the building's appearance can directly affect the property value of each of their condos. How has Tony gained interest for his presentation

Answers

Tony has been able to gain the interest of his audience for his presentation by relating the topic to the audience.

What method did Tony use to gain attention?

It is a fact that people would be more likely to listen to you if what you're telling them affects them directly.

Tony took advantage of this by talking about how his presentation affects the property value of his audience which led to them being more attentive.

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In setting prices for products and services, managers may attempt to charge what the customer is willing to pay however, too high a price may:

Answers

In setting prices for products and services, too high a price may A. deter a customer from purchasing a product, causing them to seek alternatives.

What are the factors involved in setting prices?

When setting prices of goods and services, managers should consider these factors:

Production costsOrganizational goalsMarketing ObjectivesMarketing Mix StrategyThe Market demandCompetitors' costs, prices, and offersPrice and Value perception of consumers.

Answer Options:

A. deter a customer from purchasing a product and seek alternatives

B. decrease a​ competitor's market share

C. indicate supply is too plentiful

D. increase demand and demand for the product.

Thus, in setting prices for products and services, too high a price may A. deter a customer from purchasing a product, causing them to seek alternatives.

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It is impossible to reduce your fixed expenses true or false?

Answers

Answer:

True

Explanation:

Did you receive less than 21 weeks of an unemployment insurance benefit payment for weeks between march 15, 2020, and june 26, 2021?.

Answers

It is a true statement that people receive an unemployment insurance benefit payment for more than 21 weeks.

What is an unemployment insurance benefit payment?

This is a benefit that provide a temporary financial assistance to the unemployed workers who meet the requirements of State law.

In most states, the workers are eligible for up to 26 weeks of benefits from the regular state-funded unemployment compensation program.

Therefore, It is a true statement that people receive an unemployment insurance benefit payment for more than 21 weeks.

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What is the corpus callosum?

Answers

The corpus callosum  is the part of the brain that has white matter that helps in  the connection  of the left and the right cerebral parts of the human brain.

What is the role of the corpus callosum?

The role of the Corpus Callosum is to make sure that the right side and the left side of the brain are able to connect.

By the word connect, this would mean that they are able to send messages to each other.

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The persistence of budget deficits during the last several decades is not surprising because politicians will find a. tax increases more attractive than increases in government expenditures. b. reductions in government expenditures more attractive than tax reductions. c. budget surpluses more attractive than budget deficits. d. budget deficits more attractive than budget surpluses.

Answers

Budget deficits have persisted in the last several decades because politicians find d. budget deficits more attractive than budget surpluses.

Why do politicians prefer budget deficits?

Budget deficits are a sign that the government spent all that it had and then spent some more to make sure that the citizens were taken care of.

This is unlike budget surpluses where it looks like the government had money to spare and didn't spend it on the nation.

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Skill acquisition plans include goals, objectives, ______Data collection procedures may also include information about completion criteria and reversal criteria. ____________, and data collection.

Answers

Information on completion criteria and reversal criteria may be included in a skill acquisition plan that outlines goals, objectives, materials, and data gathering techniques. Evidences and data collection.

What is data collection?

Data collection is the process of obtaining, observing, measuring, and evaluating data from various sources as part of a research project.

Develop skills through a skill acquisition strategy. It is a written plan that outlines the objectives, aims, and resources required for instruction. Procedures for collecting data may also be evidences that they are needed for data collection.

As a result, materials and evidence options in the blank.

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Six years ago, HOPCO granted Mr. Sing a nonqualified option to purchase 1,000 shares of HOPCO stock at $55 per share. On date of grant, the market price was $50 per share. This year, Mr. Sing exercised the option when the market price was $64 per share. How much ordinary income does Mr. Sing recognize because of the exercise

Answers

Based on the option that Mr. Sing exercised, the ordinary income recognized would be $0.

What income will Mr. Sing recognize?

Income will be recognized when the shares are sold by Mr. Sing because the selling price is necessary to calculate income.

As the shares are yet to be sold, there will be no income recognized by Mr. Sing.

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In computing equivalent units, ___________ is not part of the equivalent units of production formula

Answers

The beginning work in process is not part of the equivalent units of production formula for computing equivalent units.

What is an equivalent units of production?

This refers to expression of the amount of work done by a manufacturer on units of output that are partially completed at the end of an accounting period.

Hence, the beginning work in process is not part of the equivalent units of production formula for computing equivalent units.

Therefore, the Option C is correct.

Missing Options "A. ending work in process B. units transferred out . beginning work in process D. none of these is correct"

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what type of graphic shows the amounts of two products a nation can obtain by specializing in one product and trading for the other?

Answers

A trading possibilities line is the graphic that shows the amounts of two products a nation can obtain by specializing in one product and trading for the other. This is further explained below.

What is a trading possibilities line?

Generally, A graph depicts the many permutations of two goods that a single-product economy may receive (consume) due to its focus on producing only one of them.

In conclusion, When a country focuses on producing one good and trading for another, the quantity of both goods increases along a trade possibilities line.

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pinnacle Corp. budgeted $262,220 of overhead cost for the current year. Actual overhead costs for the year were $257,640. Pinnacle's plantwide allocation base, machine hours, was budgeted at 45,150 hours. Actual machine hours were 53,260. A total of 97,480 units was budgeted to be produced and 98,000 units were actually produced. Pinnacle's plantwide factory overhead rate for the current year is: a.$2.69 per machine hour b.$5.71 per machine hour c.$5.81 per machine hour d.$2.64 per machine hour

Answers

The answer should be A

According to the invisible hand theory, efficiency is dependent on the activity of interacting in free markets

Answers

The invisible hand theory states that the wealth of nation is dependent on the activity of interacting in free markets.

What is invisible hand theory?

This refers to the tendency of the market prices to direct an individuals into pursuing their own self interests into productive activities which consequently promote economic well-being of society.

Hence, the invisible hand theory states that the wealth of nation is dependent on the activity of interacting in free markets.

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According to the invisible hand theory, the wealth of nation is dependent on the activity of self-interacted individuals interacting in free markets.

What is invisible hand theory?

The unseen forces that steer the free market economy are represented by the metaphor of the invisible hand. The best interests of society as a whole are served by allowing individuals to act in their own self-interest and with freedom to produce and consume. Prices and trade flow naturally as a result of the ongoing interaction of individual influences on supply and demand in the market.

The metaphor of the invisible hand describes how self-interested people behave in a free market economy through a network of interconnectedness. In his books The Theory of Moral Sentiments from 1759 and an Inquiry Into the Nature and Causes of the Wealth of Nations from 1776, Adam Smith introduced the idea.

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Which repayment plan will you be placed on automatically unless you change it by contacting server.

Answers

A "standard repayment plan" is the one that will be put on automatically unless you contact the servicer to change it.

What is the standard repayment plan?

Particularly for people paying back student loans, this kind of payback schedule is regarded as being bare.

In most cases, when the payback process starts, clients are automatically put into this plan, unless they consciously modify it.

Thus, A "standard repayment plan"

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In the IS-LM model when government spending rises, in the short-run equilibrium, in the usual case the interest rate __________ and output ___________

Answers

In the IS-LM model when government spending rises, in the short-run equilibrium, in the usual case the interest rate rises and output rises.

What Is the IS-LM Model?

The IS-LM version, which stands for "investment-savings" (IS) and "liquidity preference-cash supply" (LM) is a Keynesian macroeconomic version that suggests how the marketplace for monetary goods (IS) interacts with the loanable finances marketplace (LM) or cash marketplace.

It is represented as a graph wherein the IS and LM curves intersect to reveal the short-run equilibrium among hobby charges and output.

Your question is incomplete, but most probably your full question was:

In the IS-LM version while authorities spending rises, in short-run equilibrium, withinside the typical case, the interest rate ______ and output ______.

rises; fallsrises; risesfalls; risesfalls; falls

Hence, the appropriate alternative is rises; rises.

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Every corporation should have a strong independent board of directors that does all of the following except a. remain well-informed about the company's performance and exercises its fiduciary duty to protect shareholders responsibly. b. guide management in choosing a strategic direction and makes independent judgments about the validity and wisdom of management's proposed strategic actions. c. evaluate the leadership skills of the CEO and other senior executives. d. retain sufficient courage to curb management actions deemed inappropriate or unduly risky. e. take responsibility for leading the strategy-making, strategy-executing process.

Answers

A firm does not need a strong independent board of director that is responsible for leading the strategy-making and strategy-executing process.

What is an independent director?

This refers to those member of a board that does not have a material or financial relationship with the company except a sitting fees

Among other option, a typical corporation does not need a strong independent board of director that is responsible for leading the strategy-making and strategy-executing process.

Therefore, the Option E is correct.

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benefits of exporting goods such as snowplows and sand to the middle east include:

Answers

Two benefits of exporting goods such as snowplows and sand to the Middle East include:

There is likely to be less competition.The product may be used differently than in the exporter's country.

What is exportation?

Exportation is the engagement in international trade with other countries through the transfer of goods and services to those countries.

The opposite of exportation is importation.

There are benefits from international trade, including:

Economic expansionIncreased access to goods and servicesCompetitive marketsCompetitive pricingCheaper products are imported.

Thus, there are benefits to exporting goods to other countries.

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Consider the following data, where gross domestic product (GDP) values are measured in millions of dollars, to answer the following questions: Year Nominal GDP Real GDP GDP Deflator 2009 ________ $500 100 2010 $551.2 ________ 106 2011 $600.6 $546 ________ 2012 ________ $600.6 120 What is the value of the gross domestic product (GDP) deflator in 2011

Answers

The value of the gross domestic product (GDP) deflator in 2011 based on the given information is 110.

What is the GDP Deflator?

The GDP deflator is a ratio of the Nominal GDP (current year prices) over Real GDP (base year prices).

The GDP deflator is used to measure inflation as it shows the change in the current prices compared to the base year's prices.

The GDP deflator can be computed as Nominal GDP/Real GDP x 100.

Data and Calculations:

Year    Nominal GDP    Real GDP     GDP Deflator

2009                                $500               100

2010          $551.2                                    106

2011         $600.6              $546

2012               ________ $600.6            120

GDP Deflator = Nominal GDP/Real GDP x 100

2011 GDP Deflator = 110 ($600.60/$546 x 100)

Thus, the value of the gross domestic product (GDP) deflator in 2011 based on the given information is 110.

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A competitive environment where there is strong rivalry among sellers, low entry barriers, strong competition from substitute products, and considerable bargaining leverage on the part of both suppliers and customers a. is competitively unattractive from the standpoint of earning good profits. b. offers little ability to build a sustainable competitive advantage. c. is highly conducive to achieving strong product differentiation and high customer loyalty to the company's brand. d. offers moderate to good prospects for making a reasonable profit and building a sustainable competitive advantage. e. requires that industry members have a strongly differentiated product offering in order to be profitable.

Answers

The competitive environment described is competitively unattractive from the standpoint of earning good profits.

What is a perfect competition?

A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.  In the long run, firms earn zero economic profit.

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What is the typical relationship between satisfaction and loyalty?

Answers

The typical relationship between satisfaction and loyalty is Satisfaction determines loyalty.

How are satisfaction and loyalty related?

In the business world, loyalty is dependent on satisfaction because the level of satisfaction that a consumer gets will determine if they will be loyal to a brand.

This is why companies place a huge premium on pleasing their customers to ensure that they are loyal to the brand.

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The intended effect of an expansionary monetary policy is that aggregate demand: remains unchanged while the economy's long-run potential growth rate increases. increases, raising inflation and real GDP growth in both the short run and the long run. increases, raising inflation and real GDP growth in the short run, but only inflation rises in the long run. increases, raising real GDP growth only in the long run.

Answers

The intended effect of an expansionary monetary policy is that aggregate demand : increases, raising real GDP growth in the short run, but only inflation  rises in the long run.

What is expansionary Monetary Policy ?

Expansionary Monetary Policy (Quantitative Easing) involves an increase in the money supply in order to lower interest rates and increase Consumption and Investment.

A monetary policy that lowers interest rates and stimulates borrowing is known as an expansionary monetary policy or loose monetary policy. Conversely, a monetary policy that raises interest rates and reduces borrowing in the economy is a contractionary monetary policy or tight monetary policy.

They believe that expansionary monetary policy increases the supply of loanable funds available through the banking system, causing interest rates to fall. With lower interest rates, aggregate expenditures on investment and interest‐sensitive consumption goods usually increase, causing real GDP to rise.

What is GDP growth rate?

The annual average rate of change of the gross domestic product (GDP) at market prices based on constant local currency, for a given national economy, during a specified period of time. It is a measure of the value of all final goods and services produced in a period.

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What are some examples of security goals that you may have for an organization?

Answers

Some of the security goals that may exist for an organization are:

Prevention of unauthorized access to sensitive details.Protection of customer information.

What are security goals?

This can be defined to mean all of the precautions that an organization may take in order to safe guard their business from the wrong hands.

To do this they have to ensure that people have their information and data kept safely.

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Amazon is considered one of the best digital marketers and is known for establishing relationships with customers. The company typically asks website visitors to register and opt-in to receiving e-mail communication and other offers. Thus, Amazon can identify visitors to its site before they make a purchase. Amazon is utilizing the _______ feature of online media. Which of these steps in the lawmaking process might happen after a bill is sent to the president? what is the gradient and y-intercept of y+2n=5 Please help!!!I'm confused as to what I'm doing wrong! When the dog wrap around the third corner, it doesn't turn left, instead right. Could someone please help me out? Is it ok to wear a black hoodie with a round brown bamboo sling bag?? Select the appropriate shape for the given volume formV = rhV = rV = lwhV== rh 30 POINTS AND BRAINLIEST PLS HELPP - Vanessa's bedroom floor is a rectangle 3m wide and 5m long. She chooses a new carpet that costs 20 per m squared. How much does the carpet cost?? What _____(he,draw) last Sunday? generally speaking, fossils can form when organisms choose one: a. travel over gravels and leave imprints. b. are preserved in recrystallized limestone called marble. Can someone help me please, is urgent, is from world history. Thanks. (I attached an image) Solve this question please 2+2 I dont know how but 4 was wrong guys am I not thinking right? what causes dominant traits to be dominant? Which model of the patient-provider relationship is exhibited when the expert provider simply provides information to patients, who hold decision-making power? Of the more than 62000 adults surveyed, 40% said they had previously been infected with novel coronavirus. Among those who had been infected with the virus, 19% said they were currently suffering from long-term symptoms of the new crown. A client who experienced shock remains unstable. Which medication classes would the nurse anticipate to be ordered to prevent or minimize stress ulcers? select all that apply The sum of three consecutive integers is 42. Which of the equations could represent this relationship? Select the two correct answers.x + (x + 1) + (x + 2) = 42x + (x + 2) + (x + 4) = 42(x minus 1) + x + (x + 1) = 42(x minus 2) + x + (x + 2) = 42x + 2 x + 3 x = 42PLS HELP Which details from the text best supports the analysis that the narrator is in awe of the city at night select three answers The Myth:But it chanced that Pygmalion fell to work upon an ivory statue of a maiden, so lovely that it must have moved to envy every breathing creature that came to look upon it. With a happy heart the sculptor wrought day by day, giving it all the beauty of his dreams, until, when the work was completed, he felt powerless to leave it. He was bound to it by the tie of his highest aspiration, his most perfect ideal, his most patient work."Pygmalion and Galatea,Josephine Preston PeabodyThe Play:THE NOTE TAKER [whipping out his book] Heavens! what a sound! [He writes; then holds out the book and reads, reproducing her vowels exactly] Ahahahowowowoo!THE FLOWER GIRL [tickled by the performance, and laughing in spite of herself] Garn!THE NOTE TAKER. You see this creature with her kerbstone English: the English that will keep her in the gutter to the end of her days. Well, sir, in three months I could pass that girl off as a duchess at an ambassadors garden party.Pygmalion,George Bernard ShawRead the excerpts. How does the play address the myths theme, "Love inspires artists to work?The play supports the myths theme because the note taker does his work with love.The play challenges the myths theme because the note taker does not do his work with love. The play challenges the myths theme because the note taker is incapable of love.The play maintains the myths theme because the note taker does not love his creations. If a company uses multimedia applications in addition to normal file and database sharing, which transmission is more efficient?