Answer:
Consumption of good y should decrease
The Marginal Utility should also decrease
Explanation:
Marginal utility of a good is the added satisfaction that a consumer gets from consuming additional units of the good.
Given the two goods x and y, and MUx/Px > MUy/Py.
The Marginal Utility Price Ratio indicates the Utility/Satisfaction derived from the last Dollars spent.
To allocate a budget efficiently, the marginal utility for each item should be equal.
A good has a higher marginal utility-price ratio is the good that the consumer should consume more of.
If the Marginal Utility-Price ratio of good x is greater than that of good y, your consumption of good y should decrease and therefore, the MUy will also decrease.
Answer:
b. uses a company's valuable and rare resources and competitive capabilities to deliver value to customers that rivals have difficulty matching.
Explanation:
Resources refers to competitive and valuable assets, organizational processes, capabilities, information, attributes, and knowledge that are acquired, owned and controlled by an organization. These resources are classified into two (2) main categories;
1. Tangible resources: these are physical assets such as equipments, financial assets, plants, raw materials, inventory etc that are owned and controlled by an organization.
2. Intangible resources: these are assets that are abstract in nature such as knowledge, customer loyalty, skills, experience, stakeholders, patent, culture, buyer recognition etc.
Hence, a resource-based strategy uses a company's valuable and rare resources and competitive capabilities to deliver value to customers that rivals have difficulty matching. This ultimately implies that, resource-based strategy avails a company the ability or opportunity to use their tangible and intangible assets to provide finished goods and services to meet the needs or wants of customers, as well as creating a competitive advantage over rivals in the same industry.
Answer:
Advancement is part of the <u>"drive to acquire."</u>
Explanation:
The 4 drive theory includes:
Drive to acquire: move up, gain status and respect (such as with a new prestigious job)
Drive to Bond: to form social relationships
Drive to learn: satisfy curiosity
Drive to defend: protection and security
The best and most correct answer among the choices provided by the question is the first choice. <span>The amount you owe in state income tax is based on: how much you spend each year. </span>I hope my answer has come to your help. God bless and have a nice day ahead!