The principle of diminishing marginal satisfaction explains why
A)
many people don't like to save.
B)
annual consumption almost always exceeds annual savings.
C)
people can't seem to save more even though their incomes rise.
D)
future consumption looks more appealing than current consumption as our current incomes increase.
D
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Current replacement cost represents
a. the amount a firm would have to pay currently to acquire an asset it now holds b. the amount a firm would have to pay currently to acquire an asset it does not now hold c. the amount a firm would have to pay in the future to acquire an asset it now holds d. the amount a firm would have to pay to purchase a comparably depreciated version of the asset it now holds
The consumer's ________ determines whether she will engage in habitual decision making, extended problem solving, or something in between the two
A) need for customization B) level of involvement C) need for cognitive dissonance D) ability to generalize stimuli E) personal marketing mix
Answer the following statements true (T) or false (F)
Preferred stockholders are residual equity holders.
In which phase of the SCOP process is there an increased emphasis on responding to customer expectations of providing a clean, sustainable value chain?
A. supply planning B. demand planning C. impact on existing products D. operations planning