Year 1998 1999 2000 2001 2002 Prin 176 125 150 140 160

Q: PLS HELP ASAP ON BOTH

A: Approach to solving the question:Identify the Problem Areas: Begin by analyzing the reasons for not…

Q: What occurs when the cost of producing a range of products is lower than the cost of producing each…

A: The process that depicts an increase in the production of services and goods in an economy during a…

Q: Page of 4 5Which series of communication channels is arranged from smallest to largest? a.…

A: The number of users who use a certain communication channel for their communication needs determines…

Q: What is a disadvantage to having a Command economy?

A: A command economy is an economic system where the government determines all economic decisions like…

Q: AVERAGE TOTAL COST (Dollars per scooter) 359 720 640 560 480 400 320 240 160 80 9 0 0 100 200 300…

A: The long-run average cost curve exhibits economies of scale, constant returns to scale, or…

Q: Please do not give solution in image format thanku Calculate the TEV for a standard 1-day car…

A: Fuel cost for universal car: (2 hundred miles / 25 miles/gallon) * $4/gallon = $32Fuel cost for…

Q: What are the primary business benefits of an ERP system?

A: A robust ERP system has the subsequent primary benefits for your business: Streamlined business…

Q: Questions: Directions: Use the graph to answer the questions that follow $1,700.00 $1.600.00 $1.500.…

A: Demand: - Demand is the relationship between the quantity demanded and the price of a good. There is…

Q: The manager of the donut shop tells you that hesells donuts for $1 each, and that if he were to…

A: A firm earns revenue through the sale of its goods and services. It incurs cost in the production of…

Q: Is economic related to marketing?

A: Individually and collectively, economics is the study of how people distribute scarce resources for…

Q: Revenue, Cost MC AC AVC P AR = MR R P. Oufput

A: The firm for which is the graph is drawn in the above-given question is working in a form of market…

Q: Give some specific examples of Product Costs?

A: The costs incurred in the creation of a product form the product cost. Product cost can be…

Q: It is estimated that during the Eid week the sales increase by three folds in Lahore. As an HR…

A: An HR department, regardless of the size of the company, is a necessary component of every…

Q: Only typed solution

A: The objective of the question is to identify strategies that Mumbai Metro can implement to encourage…

Q: How Chriestie's makes money?

A: Christie's is a British auction company that was founded by James Christie in 1766. Its major…

Q: Explain unsolicited mails and communication with children (Ecommerce) in brief. I need to prepare…

A: The topic of unsolicited emails and communication with children in ecommerce has become increasingly…

Q: get step by step solutions

A: Step 1: Kindly try reuploading the question.I think you forgot to ask the question so, nothing can…

Q: Data Table IP TC TFC TVC ATC AFC AVC MC TR PROFIT 181.75 12 120 22 10 12 181.75 13 269.5 181.75 14…

A: Answer: The following formulas will be used: TC=ATC×QTVC=AVC×QMC=Change in total costChange in…

Q: Sean is a hard-working college freshman. One Thursday, he decides to work nonstop until he has…

A: Suppose, Sean gets 1 unit of benefit by solving 1 practice problem. The table is showing the total…

Q: 1) DISCUSS THE COMPARISON BETWEEN 2 COMPANIES WHO RUN THEIR GIG ECONOMY

A: Gig Economy is that economy in which mostly hiring are done for temporarily or for short-run…

Q: what is product based marekting strategy list benefits dis agvantahes and what companies use this…

A: A product-based marketing strategy facilities its efforts on promoting individual products or…

Q: Describe the Trial and Error Process?

A: Answer - Trial and Error Process - This is problem solving method under this individual use multiple…

Q: "An effective minimum wage can increase the number of people looking for a job that cannot find one.…

A: The labor market in the economy determines the equilibrium wage rate and employment level in the…

Form Utility

The term utility in general refers to the satisfaction earned from usage of a particular product or service. Utility always plays an important role because it influences various important elements like demand & thereby the price of the good or service as well. Though utility is not easy to measure, various types of economic models can be used indirectly. There can be various types of utilities like economic utility, marginal utility, cardinal utility, form utility.