6. As individuals use additional quantities of a product, they begin to encounter ________,resulting in a decline of extra satisfaction.

Answers

Answer 1

Answer:

diminishing marginal utility

Explanation:

Utility can be defined as any satisfaction or benefits a customer derives from the use of a product or service.

In Economics, the marginal utility of goods and services is the additional satisfaction that a consumer derives from consuming or buying an additional unit of a good or service.

The law of diminishing marginal utility states that as the unit of a good or service consumed by an individual increases, the additional satisfaction he or she derives from consuming additional units would start decreasing or diminishing as the units of good or service consumed increases.

This ultimately implies that, as individuals use additional (extra) quantities of a product, they begin to encounter diminishing marginal utility, resulting in a decline of extra satisfaction.

For example, buying a candy stick and eating it may satisfy your cravings but eating another one (an additional or extra unit) wouldn't give you as much satisfaction as the first due to diminishing marginal utility.

Answer 2

The utility is considered as any satisfaction or benefits derived by a customer from the use of a product or service.

What exactly do you mean by "diminishing marginal utility"?

According to the law of declining marginal utility, when the unit of a good or service used by an individual grows, the additional enjoyment he or she obtains from consuming additional units begins to decrease or diminish.

This eventually means that as people utilize more (extra) amounts of a product, their marginal utility decreases, resulting in a decrease in extra satisfaction.

Thus, diminishing marginal utility is the correct answer for the blank.

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Related Questions

which phrase best completes the diagram

Answers

Answer:

you need to add the diagram

Explanation:

Why were the Panama and Suez canals important to the growth of
international industrialization?
A. They encouraged industrialized countries to cut off trade with their
neighbors.
B. They slowed industrialization by diverting resources away from
factories.
C. They enabled poor countries to compete economically with
industrialized countries.
D. They allowed industrial goods to be easily shipped to foreign
markets.
l lol

Answers

The correct answer is D. They allowed industrial goods to be easily shipped to foreign markets.

Explanation

The Panama Canal is an 82km long navigation route that connects the Caribbean Sea with the Pacific Ocean, crossing the entire country of Panama; The Suez Canal is a 163 km long waterway that connects the Mediterranean Sea with the Red Sea. These two waterways are artificial and were built to contribute to international trade because they shortened the distances that had to be traveled. For example, before the construction of the Panama Canal, South America had to be surrounded (it shortened the road between America, Europe, Africa, Asia and Oceania) and in the case of the Suez Canal, the continent of Africa had to be surrounded (it shortened the road between Europe, Africa, Asia and Oceania). The construction of these two roads allowed the growth of international industrialization because they allowed industrial products to be easily shipped to the foreign market. So the correct answer is D.

Which of the following general statements can
be made from the Civil Rights Movement?
A. It mainly focused on African-Americans; however, it also
included rights for other minorities.
B. The Civil Rights Act of 1965 ended the need for further civil
rights action.
C. Only African-Americans are still struggling for their civil rights.

Answers

i also believe it is A good luck.

Who was the Christianity leader

Answers

Answer: Jesus?

was the leader of Christianity

Rene descartes believed in "animal spirits" that moved through your muscles. This was an early concept of what body system ?

Answers

The correct answer to this open question is the following.

Although there are no options attached we can say the following.

Rene Descartes believed in "animal spirits" that moved through your muscles. This was an early concept of what body system?

Answer: This was an early concept of the nervous system.

Descartes put it this way. That from the Pineal Gland, there were nerves, hollow tubes with "animal spirits" that crossed the small fibers of the body that connected the sense organs with the brain. The stimulation of these sense organs produced motion in the body.

Descartes was the French philosopher that was also renowned for his philosophical approaches to the "truth."

According to Descartes, the responsibility for finding out the truth was oneself and the mind when it states "I think therefore I am." French philosopher, Rene Descartes's approach to the truth had to first, express doubt.

Those responsible for finding the truth were supposed to complete this task by doubting first, questioning their own existence. Then, through the mind, the reason, confirm their existence because they could think.

Why is the Indus Valley Civilisation named so ? help pliz now i will give 50 point ​

Answers

Answer:

The Indus Valley Civilisation is named after the Indus river system

Explanation:

alluvial plains the early sites of the civilisation were identified and excavated.

What was the significance of Margaret Thatcher's leadership in Great Britain?
A. She helped Britain recover from World War II by creating jobs and
rebuilding infrastructure.
B. She worked to advance the basic human rights of women in
education, politics, and the workplace.
C. She strengthened her country against threats of Soviet
communism by increasing military spending.
D. She balanced the national tradition of monarchy with the modern
practice of democracy through Parliament.

Answers

Answer:

C. She strengthened her country against threats of Soviet

communism by increasing military spending.

Should a citizens arrest be posted online ? why?

Answers

Answer:

I would say yes because the world deserves to know why or how they were arrested. If they didn't want to be online they shouldn't have done the crime they did

Explanation:

Which country were the Allies, including the United States, at war with in the First World War?
Russia
Germany
France
China

Answers

Germany,
Russia was one of the allies
France was one of the allies
China was relatively unimportant to the “teams” of the war,

How did the Japanese soldiers pressure Chung Seo-Woon to come with them?

Answers

By stakeholding his family

What are some communist Characteristics

Answers

1.) gets rid of religion
2.) no private ownership of property, (owned by govt)
3.) wants a international revolution
4.) socialist economy
5.) NO opposition towards the government

Write two questions you would ask Rosa parks​

Answers

Answer:

who inspired you the most and what gave you the idea of risking your life for others, we know your father was a railroad man did he inspire you?

if the man didn't ask for the seat do you think you would have still started your civil act?

which two of the following are examples of political campaign tactics? A. The campaign has the candidate participate in political debates. B. The campaign arranges for a candidate to attend fundraising events. C. A political party nominates a candidate to run for office. D. Candidates run primary campaigns for their party's nomination​

Answers

The campaign has the candidate participate in political debates and Candidates run primary campaigns for their party's nomination​ are the two of the following are examples of political campaign tactics. Hence, options A and D are correct.

What are political campaign tactics?

The manner that resources are distributed and concentrated within a wider plan to achieve the desired goals is referred to as a tactic.

To achieve various marketing goals inside your business, you can use a range of marketing strategies, such as the following: traditional media campaign. seasonal advertising campaign a product campaign being launched.

Advertisements, theme music, campaign speeches, and even negative campaigning have existed since the formation of our country. Since then, every development in technology has given candidates access to fresh means of swaying electors. Look at the Millard Fillmore election poster from 1850 are political campaign tactics.

Thus, options A and D are correct.

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Which activity is not a tool for expressing a political opinion?


writing to your representative


writing to the newspaper


refusing to volunteer


wearing a party pin

Answers

Refusing to volunteer

The  activity is not a tool for expressing a political opinion is refusing to volunteer. The correct option is (C).

What do you mean by the political opinion?

Public opinion is the sum of the individual opinions, attitudes, and beliefs that a sizeable fraction of a community expresses regarding a given issue.

A newspaper or magazine article that primarily expresses the author's viewpoint on a topic is known as an opinion piece. Many journals include opinion pieces.

Public opinion is the general consensus on a subject or candidate that is important to society. The opinions of the populace on issues that concern them.

The broad field of journalism known as political journalism covers all facets of politics and political science,

Therefore, the activity is not a tool for expressing a political opinion is refusing to volunteer.

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Explain at least FOUR reasons why it was difficult for enslaved Africans to practice their African cultural forms on the estate

Answers

Answer:

"Day-to-day resistance" was the most common form of opposition to slavery. Breaking tools, feigning illness, staging slowdowns, and committing acts of arson and sabotage--all were forms of resistance and expression of slaves' alienation from their masters. Running away was another form of resistance.

Through their families, religion, folklore, and music, as well as more direct forms of resistance, Africans-Americans resisted the debilitating effects of slavery and created a vital culture supportive of human dignity. In addition, slaves exerted a profound influence on all aspects of American culture.They found ways to defy their bondage through harvesting personal gardens, creating culturally diverse foods, practicing religion, expressing themselves through music, creating strong family bonds and even through their ideas of freedom.Many resisted slavery in a variety of ways, differing in intensity and methodology. Among the less obvious methods of resistance were actions such as feigning illness, working slowly, producing shoddy work, and misplacing or damaging tools and equipment.Covert resistance is – by definition – much more subtle. These are the people who smile and say, “Yes, boss, I am with you!” in the meeting, then go back to their desks and don't lift a finger to make the change happen.

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How did American society changed from the 1980’s and 1960’s?

Answers

The 1960s were a decade of revolution and change in politics, music and society around the world. ... The 1960s were an era of protest. In the civil rights movement blacks and whites protested against the unfair treatment of races. Towards the end of the decade more and more Americans protested against the war in Vietnam.




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Some people referred to Prohibition as a “noble experiment” because it

Answers

Probably has something to do with more traditional values and people who disapprove of alcohol consumption

which example from early American history best illustrates the market economy of the British colonies?

A. Virginia farmers decided to grow and sell tobacco

B. Pennsylvania developed into a colony of smal farms

C. the British government placed a tax on sugar

D. the colonies exported cotton to England ​

Answers

Answer:

Respuesta:

Los agricultores de Virginia decidieron cultivar y vender tabaco.

Explicación:

No sé que esta fue la respuesta correcta, sé que probablemente sea demasiado tarde, pero si esto ayuda a alguien más, está bien

Explanation:

a

Explanation:i know spanish

gi r l co me 5324611502

p:1234​

Answers

al i get from this is girl come

Why is it important that United States from international alliances?

Answers

It’s important for the us to form international alliances for many reasons. Alliances help secure safety, strengthen trade relations, and can be used as reinforcement in battle
so that way the US never has to fight alone. and if there is another world war we will have many more countries to fight with us and not against us

The Cold War timeline

Answers

Answer:

Explanation:

Chronology of the Cold War Date

Dean Acheson suggests ways that the Soviet Union could end the Cold War. 16th March, 1950

North Korean forces invade South Korea. 25th June, 1950

Harry Truman orders US troops to Korea. 28th June, 1950

United Nations troops arrive in South Korea. 1st July, 195

Which of the following business or individuals is most likely to benefit from micro finance ?

Answers

Scientists are most likely to benefit from micro finance

Napoleón introduced many reforms in France to boost

Answers

He introduced many reforms to make the administrative system more efficient in the areas ruled by him. He introduced those reforms in France to boost its development.

when did fredecdoglass born

Answers

Answer:

14 February 1817

Explanation:

hope it's helpful

Hopes this helps:

Answer: February 14, 1817

Douglass was born enslaved as Frederick Augustus Washington Bailey on Holme Hill Farm in Talbot county, Maryland. Although the date of his birth was not recorded, Douglass estimated that he had been born in February 1818, and he later celebrated his birthday on February 14.

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An increase in prices and a decline in the value of Roman money created


I.

Germanic invasions.


II.

reforms.


III.

food shortages.


IV.

inflation.

Answers

Answer:2

Explanation:tat is it

Halp multiple choice shay’s rebellion

Answers

The question is incomplete and the full version can be found online.  

Answer: C. It is important for every country to undergo periods of revolt in order to gradually bring about change that represents the will of the people.

Explanation:

The question refers to the letter from Thomas Jefferson to William S. Smith (November 13, 1787), where he speaks about his opinion on Shays' Rebellion. There, it becomes clear that Jefferson sees rebellion as a good thing, because it helps to protect people's liberty and it limits the governmental power. Liberty, he says, has to be refreshed once in a while, and that can only be achived with the blood of patriots and tyrants. He doesn´t see Shay´s Rebellion as a minor event blown out of proportion, or misinterpreted by the media.

The Prime Minister is usually the leader of the majority party in the

Answers

Answer: yes

Explanation: it is like a scone king

1. Who might you MOST expect to see talking with the president about a particular house bill?
A. constituent
C. majority whip
B. majority leader
D. Speaker of the House

Answers

Answer:

D The speaker of the house

On average, Washington citizens paid about
in state and local taxes in 2010.

Washington citizens pay more in
than the average for the United States.

Unlike other states, Washington does not collect
.

Answers

Answer:

Unlike other states, Washington does not collect any income tax from its citizens.

Explanation:

Washington does not collect any income tax from its citizens like other states because Washington imposes a “business and occupation” tax instead of income tax on its citizens. Due to no income tax, the prices of houses in Washington is far lower than other states as well as its neighboring states Oregon who pays highest income taxes as compared to other states of the country.

The answer is: A

Explanation:

How did Booth gain such access to the theatre? Why didn’t Lincoln’s security people stop him?

Answers

Answer:

Booth used his actor's connections there to gain access to the president's box.

This is for the first part of the questions.

Explanation:

Other Questions
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