Answer:
have greater marginal utility than existing substitute products
Explanation:
Utility is the satisfaction derived from consuming a good or service. Products or services that meet or exceed customers' expectations are deemed to have a high utility value. Goods that do not adequately address customers' needs are considered to be of low utility value.
Goods and services deemed to be of high utility value are always in high demand. Consumers will be willing to pay more for such commodities. A product with high utility value will outsell its competitors in the market.
<span>The Department of State is primarily responsible for U.S foreign policy. The State Department is responsible for the international relations of the United States, negotiates treaties and agreements with foreign entities, and represents the United States at the United Nations.</span>
Answer:
b. the right to be informed
Explanation:
Consumerism is a movement that aims to protect consumer's interests. The movement promotes truthful packaging, fair trade practices, truthful product guarantees, truthful advertising etc. These attributes will enable consumers to make informed decisions before purchasing products. Based on the above, option b is the correct answer.
Answer:
The applied overhead is $231,000
Explanation:
The computation of the applied overhead is shown below:
= Predetermined overhead rate × direct labor hour
= $42 × 5,500 hours
= $231,000
Since the predetermined overhead rate is given in the question, so there is no need to re calculate it.
And, the other items which are mentioned in the question are not considered in the computation part. Hence, these items would be ignored
Shareholders are always stakeholders in a corporation, but stakeholders are not always shareholders. A shareholder owns part of a public company through shares of stock and a stakeholder has an interest in the performance of any type of company for reasons other than stock performance or appreciation
