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What if the following describes a situation in which there would be a decreasing marginal utility?
Buying a second winter coat.
Which of the following termes describes the pleasures usefulness or satisfaction a person gets from using a product?
Utility
What term would describes the pleasure usefulness or satisfaction a person gets from using a product?
Utility
What describes a situation in which there would be decreasing maginal utility?
buying a second winter coat
What describes a situation in which there would be decreasing marginal utility?
Buying a new car when you already have two cars. ordering a second dessert when your're already full
What are three types of utility in economics?
form utility time utility place utility
What are the Different types of utilities created by intermediaries?
There are Six Utilities: Form Utility, Time Utility, Place Utility, Possession Utility, Information Utility, and Service Utility.
How are structure and functions different?
Structure is the arrangement of parts in an organism,and function is the job the part does. Structure describes shape and physical construction. Function describes its utility. The structure of an umbrella is round and wide. Its function is to shield you from the rain.
What are some economic utilities created by business activities?
Form Utility, Place Utility, Time Utility, Possession Utility, and Information Utility.
Which economic utility is not classified as a marketing utility?
form utility.
What are the four most essential utility programs?
1 defragmenting utility 2 anti-virus utility 3 time utility 4 date utility 5 copying utility
When total utility is at its maximum where is marginal utility?
marginal utility is zero
