We do not need to actually measure the level of satisfaction derived by a consumer from the consumption of goods. We only need a ranking among the alternative consumption bundles. Thus utility is a(n) ________ concept.
A) Ordinal
B) Mathematical
C) Cardinal
D) None of the above
A) Ordinal
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In a modern diesel engine, what percentage of total power is typically consumed in overcoming pumping and frictional losses?
A. 5% B. 10% C. 15% D. 20%
Describe how pressure builds inside the system.
What will be an ideal response?
Although a typical cellular phone requires much less, the FCC maximum power output for a cellular telephone is:
A) 6 watts B) 13 watts C) 7 watts D) 5 watts
Which is TRUE about the tasks and duties for a service consultant position?
A. Managers do not use task or duties to evaluate employees B. There are typically few tasks but many detailed duties to successfully complete each task C. There are few duties but many tasks successfully complete each duty D. The job description has no relationship to the task or duties performed by the service consultant