Jamie's marginal utility for consuming muffins and doughnuts in utils are given in the chart below. Jamie spends $4 for breakfast every morning, the price per muffin is $1.00 and the price per doughnut is $0.50. If Jamie consumes 3 muffins, Jamie will consume doughnuts, and have marginal utility per dollar from doughnuts.

What is marketing’s contribution to the new product development team? a. technical expertise needed to translate designs into an actual product/service. b. deep customer insight that leads to product ideas. c. ability to assess financial viability d. feedback on design as well as how customers will actually use the product e. technical expertise needed to translate concepts into product/service designs.

When cell phones were first entering the market, they were relatively large and reception was undependable. all cell phones were essentially the same. but as the technology developed, many competitors entered, introducing features unique to their phones. today, cell phones are only a small fraction of the size and weight of their predecessors. consumers can buy cell phones with color screens, cameras, internet access, daily planners, or voice activation (and any combination of these features). the history of the cell phone demonstrates what marketing trend?

Based on what you learned about time management which of these statements are true