Assume a consumer is currently purchasing services and goods. if the amount of satisfaction one gains from services decreases, what will likely happen to the marginal utilities of services and goods? a. the marginal utility of services will fall and then begin to increase as the consumer decreases consumption. b. the marginal utility of services will fall and then decrease further as the consumer decreases consumption. c. the marginal utility of services will increase and then increase further as the consumer decreases consumption. d. the marginal utility of services will increase and then decrease as the consumer decreases consumption.

Which critical success factor improves with reduced cycle time, better quality standards, and improved efficiency when an is is implemented?

5. profit maximization and shutting down in the short run suppose that the market for polos is a competitive market. the following graph shows the daily cost curves of a firm operating in this market. 0 2 4 6 8 10 12 14 16 18 20 50 45 40 35 30 25 20 15 10 5 0 price (dollars per polo) quantity (thousands of polos) mc atc avc for each price in the following table, calculate the firm's optimal quantity of units to produce, and determine the profit or loss if it produces at that quantity, using the data from the previous graph to identify its total variable cost. assume that if the firm is indifferent between producing and shutting down, it will produce. (hint: you can select the purple points [diamond symbols] on the previous graph to see precise information on average variable cost.) price quantity total revenue fixed cost variable cost profit (dollars per polo) (polos) (dollars) (dollars) (dollars) (dollars) 12.50 135,000 27.50 135,000 45.00 135,000 if the firm shuts down, it must incur its fixed costs (fc) in the short run. in this case, the firm's fixed cost is $135,000 per day. in other words, if it shuts down, the firm would suffer losses of $135,000 per day until its fixed costs end (such as the expiration of a building lease). this firm's shutdown price—that is, the price below which it is optimal for the firm to shut down—is per polo.

Individual consumers belong to which step of choosing a target market? possible customers competition demographics communication