Author Question: Utility is a(n) _____ measure of well being of a person. a. objective b. subjective c. ordinal ... (Read 55 times)

serike

  • Hero Member
  • *****
  • Posts: 542
Utility is a(n) _____ measure of well being of a person.
 a. objective
  b. subjective
  c. ordinal
  d. cardinal

Question 2

The term _____ refers to the idea that the value people place on money depends on where that money comes from.
 a. decision making
  b. psychological pricing
  c. mental accounting
  d. marketing mix
  e. anchoring



anyusername12131

  • Sr. Member
  • ****
  • Posts: 327
Answer to Question 1

C

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

For a complete list of videos, visit our video library