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WITCHER [35]
2 years ago
10

Charlie budgets a portion of his income for attending ball games and movies. Assuming he is utility maximizing, what would happe

n to his consumption of movies if the ticket price fell, everything else being equal? It would stay the same unless the price of ball games changed as well. It would rise. It would fall. Without more information, how he reacts is uncertain. Which statement best explains the answer to the first question? The ratio of the marginal utility of movies to the price of movies went up compared to the ratio for ball games. The change in the price of movies changes Charlie's budget constraint, so he can buy less of both goods. When the price of movies went down, the marginal utility went up. The ratio of the marginal utility of ball games to the price of ball games went up compared to the ratio for movies. Which law does this illustrate? the law of demand the law of consumer sovereignty the law of diminishing marginal utility
Business
1 answer:
katen-ka-za [31]2 years ago
3 0

Answer:

It would rise.

The ratio of the marginal utility of ball games to the price of ball games went up compared to the ratio for movies.

the law of demand

Explanation:

According to the law of demand, the quantity of the item purchased depends on the price of the item. When the price of an item is high, the quantity purchased is less. On the other hand, if the price of an item is low, the quantity purchased becomes more respectively. The law of demand occurs because of the diminishing marginal utility. The higher the price, the lower is the demand and the lower the price, the higher is the demand.

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Wilma leads a task force charged with restructuring the order-processing system in the organization. The task force is composed
OLga [1]

Answer:

B. task-oriented leadership style .

Explanation:

Task-oriented leadership style -

It refers to the type of leader, who only target on the goal or project .

This type of leader is referred to as the task - oriented leadership style .

As from the very term, the person is only inclined towards his or her task

There type of leaders assign the tasks very clearly and making sure all the works are done on time with proper efficiency and accuracy .

These leader are very consult about the deadline and hence define all the task to get over before the deadline .

There type of leaders are very well organised and clear about the task .

Hence, from the given scenario of the question,

The correct answer is B. task-oriented leadership style.

6 0
2 years ago
The new cereal product development team included a project manager located at headquarters in Chicago, a marketing specialist in
Katena32 [7]

Answer:

The correct option is self-directed work groups and virtual teams

Explanation:

This question takes a look at post-bereaucratic organization(PBO),which is form of organization that differs from multi-divisional or multi-functional structure, where emphasis is laid on hierarchy and loyalty to superiors.

Self-directed work groups and virtual teams are a way to break the barriers that teams must be based in the same location and operate at the same time

With aid of advancement in information technology , far flung individuals can collaborate on issues of common interest, clear and mutual goals.

The team can only meetings via Skype for business and still ensure they deliver at the optimum level

3 0
2 years ago
At the beginning of the year, Brick Makers had cash of $183, accounts receivable of $392, accounts payable of $463, and inventor
Pie

Answer:

amount of the net source $15

Explanation:Working\ capital= Current\ assets-Current\ liabilities

source\ of\ cash =[Cash+AR+Inventory]- [Amount\ Payable]

cash = $183

received amount = $392

inventory =$714

payable amounts =$463

current assest = (183+392+714)-463=$826

current liabilities =(167+682+409-447)=$811

cash = $167

received amount = $409

inventory =$682

payable amounts =$447

current liabilities =(167+682+409-447)=$811

Hence since current liabilities is more than current assests, therefore there will be loss of accounts

Hence source of cash= (826-811) = $15.

7 0
2 years ago
Identify a difference between the crisis stage and the dissolution stage of organizational decline. Select one: a. In the crisis
pentagon [3]

Answer: c. Decline is reversible at the crisis stage, whereas it is irreversible at the dissolution stage.

Explanation: Crisis Stage; at this stage decline is still reversible if the

organisation reorganizes it ways of operations or conducting business. What they can do at this point is to carryout cutbacks and layoffs which would help reduce it's financial burden and create additional capital to run the business. At the dissolution stage nothing can be done anymore to salvage the company as it would have run into bankruptcy and would need to fold up.

7 0
2 years ago
Read 2 more answers
2. Fast forward a few years to when you're 22 years old. Of the four options listed
Serhud [2]

Answer:

I would choose "picking managers"

Explanation:

Investment can be define as the purchase of monetary assets with the intention of generating more income in the future for the purpose of creating wealth. Investing has been a major challenge to everyone. Having the knowledge that there are managers who are experts in investment, when I'm older, I would choose " picking managers" to get started. By doing doing so, all wrong decisions I would have made in investing could be corrected because I'm working with managers who are experts in investment.

5 0
2 years ago
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