Chapter 07 Consumer Behavior Multiple Choice Questions 1. Utility: A. is synonymous with usefulness. B. is want-satisfying power. C. is easy to quantify. D. rarely varies from person to person. 2. Marginal utility can be: A. positive‚ but not negative. B. positive or negative‚ but not zero. C. positive‚ negative‚ or zero. D. decreasing‚ but not negative. 4. The ability of a good or service to satisfy wants is called: A. utility maximization. B. opportunity cost
Premium Consumer theory Supply and demand Utility
A. Sales discount E. FOB shipping point H. Purchase discount B. Credit period F. Gross profit I. Cash discount C. Discount period G. Merchandise inventory J. Trade discount D. FOB destination 1. Goods a company owns and expects to sell to its customers. G 2. Time period that can pass before a customer’s payment is due. B 3. Seller’s description of a cash discount granted to buyers in return for early payment. A 4. Reduction below list or catalog price that is negotiated in setting the
Premium Inventory
1. Weber’s Three Types of Authority * Traditional authority-based in custom‚ hallmark of tribal groups. Custom dictates basic relationships. Birth dictates social level. * Rational Legal Authority-based on written rules. Refers to matters that have been agreed to by reasonable people and written into law(or regulation of some sort). May be as broad as a constitution for rights of all members of a society or as narrow as a contract between two people. Ruler’s word is subject to law
Premium Democracy Political philosophy Means of production
History 201 Online Homework Ten: “Glory Can Not Atone: Shiloh—April 6‚ 7‚ 1862‚” by James L. McDonough 1. How would you describe the southern army depicted by McDonough in this essay? (3 points) The southern army consisted of older and younger men. There were some confederates that took certain blacks with them to war just so they could be servants. The men were very one sided‚ there was no telling them that they were wrong. There was every type of man you could think of on the army
Free American Civil War Abraham Lincoln
Poe‚ Edgar Allen. "The Tell-Tale Heart." Retellings: A Thematic Literature Anthology. Eds. Clarke‚ M.B. and A.G. Clarke. Boston: McGraw-Hill‚ 2004. 404-407. The narrator of "The Tell-Tale Heart" insists that he is not mad‚ but his actions and narrative voice seem to indicate otherwise. What evidence of madness do you find in his behavior? His style? As you are thinking about the latter‚ you might want to pay special attention to the metaphors he uses and to the sounds and rhythms of his sentences
Premium Edgar Allan Poe The Tell-Tale Heart Narrative
Mr. Ross Pd. 4 In November of 2010 Phil Davison a Republican from the village of Minerva wrote a speech to the Stark County Republican Party‚ Executive Committee for the election of Stark County Treasurer. Throughout the speech Phil Davison uses pathos‚ ethos and logos appeals in order to gain votes and get elected for the position of Stark County Treasurer. Phil Davison uses the logical appeal throughout his speech by using his experience and education. Phil Davison in the beginning of his speech
Premium Rhetoric Audience Audience theory
Associate Level Material Appendix D Technology Use Timeline Currently‚ U.S. schools use technology significantly more than they did in the past. Research the use of technology in schools from 1980 until present day. Fill in the timeline below with events to depict the changes in school technology since 1980. You need to discuss a minimum of two events per decade‚ for a total of at least six events. Cite your sources in APA format on the next page. References
Premium Education Citation USB flash drive
ELEMENTS OF ECONOMICS (3RD EDITION) BOOK I. Compiled by J. Linn 1 Economics is the study of allocation of scarce resources among wants that exceed those resources 2 A good is scarce if the amount demanded exceeds the amount supplied at a zero price. 3 Resources are inputs used to produce goods and services. 4 Human rational self-interest is assumed. 5 Economics is a science‚ and employs the scientific method. 6 Theory is a set of testable hypotheses that explain observed
Premium Supply and demand Economics Economics terminology
Category North South West Midwest Political Industry growth distinguished the disparity between rich and poor. Political views clashed the majority of the time. African Americans left the South to work in the North and Midwest because there they would have a better chance of earning decent wages and improving their economic and social standings. The West faces problems‚ due to the friction between the Chinese and the white immigrants‚ the included riots and discriminatory laws. Political
Free African American United States Midwestern United States
Abel Habte HIS 323.001 Prof. Chakravartty 4/16/15 King Leopold’s Ghost Response Paper With an estimated death toll of ten million people‚ King Leopold’s conquest of the Congo is recognized as one of the bloodiest holocausts in human history. The sheer brutality of this gruesome process triggered the world’s first international human rights movement. However‚ unlike the holocaust of Jews committed by the Nazi regime in mid-twentieth century Germany‚ the Belgian extermination of the Congolese has
Premium Congo Free State Leopold II of Belgium