The U.S. imports more than it exports in part to supply the strong consumer demand.
Answer:
The US Imports much more than it exports.
Explanation:
We are in debt due to an excessive amount of over seas purchasing, and not enough industry within our own soil. Companies move to foreign countries because manufacturing is cheaper, due to their being no US Tax. Foreign tax is incomparably insignificant. Thus trades create imbalance and financial danger to our Economy.
Which are needed to determine the equilibrium price of a good or service?
Answer:
a supply curve and a demand curve
Explanation:
The equilibrium price is established at the intersection of supply and demand curves and changes based on shifts in these curves affected by income levels, technological changes, and elasticity of supply and demand.
To determine the equilibrium price of a good or service, one needs to analyze how the supply and demand curves intersect within a market. At the equilibrium price, the amount of the good that consumers are willing to buy exactly matches the amount that producers are willing to sell. When considering changes in income levels and technological advances, these can shift the supply and/or demand curves and thus impact the equilibrium price and quantity. Acknowledging the direction and extent of these shifts is crucial for predicting changes in the market.
A surplus occurs when the quantity supplied exceeds the quantity demanded at the current price, leading to a potential price decrease. Conversely, a shortage happens if the demand exceeds supply, putting upward pressure on the price. Thus, it's critical to understand the elasticity of supply and demand, as the responsiveness of quantity supplied or demanded to price changes affects the new equilibrium.
A monopolistic producer of caviar has historically sold all of its caviar to 10 distributors. recently, one of the distributors has acquired all of its competitors, becoming the caviar producer's sole customer. how are the caviar producer's prices and profits likely to change as a result of this downstream consolidation? prices and profits will not change prices and profits will decrease prices and profits will increase prices will decrease and profits will not change
Answer:
Profits and prices will decrease
Explanation:
When there were many customers and only one supplier, the supplier could raise prices and only sell to the suppliers that wanted to pay that price. Now that there is only one supplier to sell the caviar to, the producer has to make that supplier happy or risk not selling the product at all. Thus, in the long run, the prices will likely decrease.
a(n)________ is hired by a firm to find prospective buyers for its new stock or bond issue.
a. commercial loan officer
b. investment banker
c. securities analyst
d. trust officer
The answer is B, Investment Banker.
Answer:
b. investment banker
Explanation:
An investment banker is a hired by a firm to find the prospective buyers and is a financial service for the corporate division and is endangered in the advisory based financial transaction and such as the bank might helps in raising the financial capital. And can be also split into the public and the private function and there as to inform the clients more about the buy and sell sides.You business Is dependent on gas to transport its goods. The price of oil decreases, which means your production cost _
Assuming other costs stay the same or go down, production costs would go down because the oil/gas that you use in production is now cheaper.
The rockefeller foundation, carnegie hall, and the morgan library illustrate various ways that entrepreneurs and their descendants have
Since the Rockefeller Foundation was established in 1913, it has pursued the same objective: to improve global human happiness.
Supported philanthropic activities to benefit society. The Foundation is currently pushing new limits in research, data, policy, and innovation to solve global challenges about health, food, power, and economic mobility.
Who belongs to the Rockefeller Foundation?The Rockefeller Foundation, Jeff Skoll, Romesh and Kathy Wadhwani, Bill and Melinda Gates, Richard Chandler, and other prominent philanthropists introduce Co-Impact, a global collaborative for systems change, with million in planned initial funding for multi-year investments in health, education, and economic development.
Considering that the Rockefeller Foundation was established with oil proceeds, this divestiture has significant symbolic significance.
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The single recovery principle requires a court to settle a matter once and for all by awarding a lump sum for past and future expenses.
True
False
The correct answer is True.
The single recovery principle is also known as the one-satisfaction rule. It is a rule that states that a plaintiff is only entitled to recover money one time for a harm or injury. They cannot initiate a second lawsuit over the same incident.
True
Further Explanation
Single recovery rule could be a principle that a plaintiff is entitled to only 1 recovery for specific harm. If the jury has awarded quite one remedy the plaintiff should elect one remedy. It permitted defendants credit for amounts paid in settlement by other defendants to forestall a plaintiff's excess recovery. This rule one in every one of the foundations of a defendant's right to possess a jury verdict reduced by the number of any settlements the plaintiff has received from other entities for the identical injury.
Under the only recovery principle if the plaintiff, that is, the person remarking the case to the court, proves that he or she is eligible for any recovery for selected harm then that recovery should be made and settled in once and for all by getting a payment amount from the payer. Under this rule, the plaintiff can't claim the reward for the same injury from two different entities.
The single recovery principle is additionally referred to as the one-satisfaction rule. it's a rule that states that a plaintiff is just entitled to recover money just once for harm or injury. They can't initiate a second lawsuit over the identical incident.
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Grade: High School
Subject: Business
Keyword: principle, lawsuit, recovery
Bruceco is planning on selling backpacks for $100 each. the company can buy the backpacks for $30.00 and have them customized for $20.00 apiece. there is a one-time set up charge of $1,000 for customization. how many backpacks will bruceco have to sell in order to break even?
100-30=70
70-20= 50
1000/50= 20 backpacks
The units of backpacks that Bruceco have to sell in order to break even is 20 backpacks.
What is breakeven point?
Break-even point is a business term that refers to the point at which a company's revenue from sales equals its total expenses, resulting in zero profit or loss. At the break-even point, the company is not making a profit, but it is also not incurring a loss.
Understanding the break-even point is important for businesses to determine the minimum level of sales needed to cover their costs and avoid losses. It can also be used to analyze the profitability of different pricing strategies and help with decision-making on investments, expansion plans, and other financial decisions.
For the break even Bruceco have to sell the 20 units of backpacks.
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Karson is a manager in a bottle manufacturing company. He wants to check whether 100 bottles were produced and dispatched to the market. Which department should he consult?
A.
human resources
B.
operations
C.
finance
D.
marketing
Hey there,
The answer is operations ‘B’
Because they are “produced and dispatche”
When Karson wants to check whether 100 bottles have been produced and dispatched to the market from his bottle manufacturing company, he shall consult the operations department in the company. Therefore, the option B holds true.
What is the significance of operations department?Operations department of an organization can be referred to or considered as a department that is responsible for the core functions of the organization that relate to the production, manufacturing, shipping, and transportation functions.
In the above conditions, when Karson wants to keep a check whether the bottles have been produced and dispatched to the market from his bottle manufacturing company, it will be ideal for Karson to consult the same to the operating department.
Therefore, the option B holds true and states regarding the significance of operations department.
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Elc inc. is an electronic appliances manufacturer that has many strategic business units (sbus), among which, television and computers share a close relationship. these sbus have to fight each other for r&d funding because there is a combined amount set aside for these two units. however, they share technological findings with each other and work together to ensure that their combined output is better that of the other sbus. such a relationship between sbus in a business is referred to as _____.
Answer:
The answer is multi-divisional structure.
Explanation:
A company employing multi-divisional structure would usually function as a parent company that has many business units under it operating different business sectors. This is clearly the case of Elc Inc., since it both manufactures televisions and computers. The fact that both businesses share the same budget shows that the two business units are still operating in the same company.
Which of the following describe Data Warehouses? (select all that apply)
a) Has a purpose to combine strategic information into a single repository in such a way that people who need that information can make decisions and undertake business analysis.
b) A subset of information from a Datamart.
c) A process that transforms data from internal and external databases using a common set of enterprise wide definitions.
d) Supports business analysis activities and decision making tasks.
e) A logical collection of information gathered from many operational databases.
a) Has a purpose to combine strategic information into a single repository in such a way that people who need that information can make decisions and undertake business analysis.
Data warehouses are central sources of information collected from unconnected aspects of the business such as from operations, sales, purchasing, and inventory. The goal is to make better and more informed business decisions by looking at the "full picture."
When using a static budget, a : the actual results are always compared with budget data at the original budgeted activity level. b : it is important to select an activity index and a relevant range of activity. c : data are modified and adjusted according to changes in activity during the year. d : only budgeted variable costs are compared with actual variable costs?
A. the actual results are always compared with budget data at the original budgeted activity level.
What is a situation called in which both parties receive some or most of what they want?
net zero
collaboration
win-win
competition
It seems pretty obvious that its C.win-win
Answer:
win-win situation, they both get something they want.
Explanation:
Ula wants a career in Heath, Safety, and Environmental Assurance. Which qualifications will she need to succeed in this career? knowledge of CAD, a.mechanical and electrical expertise, and logic
b.ability to use lab equipment, operate computers, and examine evidence
c.skills in finance, dependability, and dexterity for physical labor
d.math skills, physical strength, and ability to use tools and machinery
b.ability to use lab equipment, operate computers, and examine evidence
People in the health and safety field will spend a lot of time conducting research in a lab setting and analyzing the research using data and technology.
Answer:
b. b.ability to use lab equipment, operate computers, and examine evidence
Explanation:
Computer-aided design (CAD) are softwares used by professionals to create precision drawings or technical illustrations. Depending on the need, the drawing could be two-dimensional (2-D) or three-dimensional (3-D) models.
Health and safety technicians often need to make use of CAD tools in order to provide accurate models and documentation of their work environments.
Knowledge of CAD can also acts as a valuable source of documentation for safety inspectors to review.
With above illustration, what Ula needs is the ability to use lab equipment, operate computers, and examine evidence.
Don is overwhelmed in his leadership role at work. there are a number of important projects going on, all of which have deadlines. don was also recently asked to mentor a new younger employee at work and help them understand the culture and get up to speed. although reluctant to spend his already short time on this function, why might don want to spend time mentoring?
Mentoring increases the ability for transformational leadership, where the head person is more involved in the operations and can help identify and fix problems from the start, transforming the work product and the team.
Final answer:
Don might find mentoring beneficial as it can be rewarding, fosters leadership skills, and improves job performance and retention. Additionally, it may provide a break from routine project pressures, aligns with organizational values of initiative, and could lead to greater professional advancement.
Explanation:
Don may want to spend time mentoring a new younger employee despite his overwhelming schedule for a number of reasons. Firstly, the act of mentoring can be a rewarding experience, fostering leadership skills and satisfaction in helping others grow. Mentoring can also serve as an informal training process where Don can ensure the new hire understands the company's culture and expectations, which could lead to improved job performance and retention. Additionally, being seen as a proactive mentor may boost Don's credibility and could reflect positively on him, both in the eyes of his peers and his superiors.
Moreover, while work overload is common, and staff may experience burnout or "research fatigue," balancing mentoring with ongoing projects could actually help alleviate these feelings for Don. Engaging in a different type of work activity, such as mentoring, might provide him with a refreshing break from the routine pressure of projects and deadlines.
Finally, mentoring aligns with the notion of being resourceful and contributing to areas that are a priority for the organization. Since organizations appreciate employees who take initiative and show a willingness to go above and beyond, Don's willingness to support a new colleague could exemplify his dedication to the team and company's mission, potentially creating opportunities for professional advancement.
Every year, the sprinters' club, a club for athletes, chooses one athlete among its members and declares him or her the "outstanding athlete of the year." the title is based solely on performance, and all members vie for it. the power of the club to bestow this title on one of its members is an example of _____.
This is an example of motivating through a reward.
Market Company and Nick enter into a contract for Nick to cut and trim the landscaping around Market's building before a meeting of the company's sales staff. When Nick's schedule conflicts, he asks Otis to do the cutting and trimming. This transfer of duties isa. alienation. b. a third party beneficiary contract. c. an assignment. d. a delegation.
Market Company and Nick enter into a contract for Nick to cut and trim the landscaping around Market's building before a meeting of the company's sales staff. When Nick's schedule conflicts, he asks Otis to do the cutting and trimming. This transfer of duties is a delegation for an assignment. Delegation and assignment are synonyms of each other. Nick delegates the task to Otis so that even with the conflicting schedule the task is still completed by the Market Company.
The correct option is d. a delegation because it involves the transfer of duties from one party (Nick) to another party (Otis) as authorized by the original contract with Market Company.
In the given scenario, Nick has a contract with Market Company to perform a service, which is cutting and trimming the landscaping. When Nick is unable to fulfill his obligations due to a schedule conflict and asks Otis to perform the task instead, this is known as delegation. Delegation occurs when one party to a contract (the delegatee) transfers the duty to perform to another person (the delegate). It is important to note that the responsibility for the performance still rests with the original party (Nick), unless the contract explicitly allows for delegation or the other party (Market Company) consents to the transfer of duties.
Here's the reasoning behind the other options:
a. Alienation: This term refers to the transfer of property or a right from one person to another. It is not the correct term for transferring duties under a contract.
b. A third party beneficiary contract: This type of contract is one where a third party, who is not a party to the contract, is intended to benefit from the contract. In this case, Otis is performing the work, but the contract is still between Market Company and Nick, and Otis is not a third party beneficiary.
c. An assignment: An assignment involves the transfer of rights under a contract from one party to another. It is the opposite of delegation, which involves the transfer of duties. In this case, Nick is not transferring his rights to receive payment to someone else; he is transferring his duty to perform the service to Otis.
Therefore, the correct term for the transfer of duties from Nick to Otis is delegation, making option d the correct answer."
Separating the functions of principals and agents is likely to result in:A. immobility of financial capital.B. diversification of investment risk.C. reduction in agency costs.D. better goal congruence.E. information symmetry.
B. Diversification of investment risk
In investing, the principals are the ones who want to invest and the agents are the people (brokers, etc) who take action on their behalf.
Pyramid inc. conducted its employee performance appraisals. one of the clerks, fiona, is unsatisfied with her appraisal as she feels that she was underrewarded in comparison with her co-workers, despite her hard work. she is frustrated and tries to talk to her boss about it in the hopes that the issue will be resolved. in this scenario, fiona is trying to _____ to restore equity. increase her outcomes increase her inputs distort her inputs and outcomes change her referent
Fiona is trying to increase her outcomes to restore equity
In this scenario, Fiona is trying to increase her outcomes in an attempt to restore equity after her performance appraisal at Pyramid Inc. This intention is based on the Equity Theory of Organizational Behavior. It underlines the importance of fair and transparent performance appraisals in organizations.
Explanation:In this scenario, Fiona, an employee at Pyramid Inc., is trying to increase her outcomes to restore equity within her workplace environment. This is under the context of Equity Theory in Organizational Behavior, which suggests that employees seek to maintain equity between the inputs they bring to a job and the outcomes they receive from it, compared to the perceived ratio of inputs and outcomes of others. Fiona feels underrewarded compared to her peers, indicating a perceived inequity.
By addressing the issue to her boss, Fiona is seeking to increase her outcomes (i.e., rewards, recognition, or benefits) to match her inputs (i.e., her contribution of hard work). This action signifies that she's trying to balance the scales of equity, thinking she should be recognized and rewarded more for her performance and effort at work. It's important that organizations regularly conduct performance appraisals in a fair and transparent manner as perceived inequities can lead to employee dissatisfaction and could potentially lead to workplace conflict. Adequate and fair communication regarding performance outcomes, as well as the processes by which these are determined, is key.
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"When workers already have a large quantity of capital to use in producing goods and services, giving them an additional unit of capital increases their productivity only slightly."
This statement
A. is an assertion that capital is subject to increasing returns. B. is made under the assumption that the quantities of human capital, natural resources, and technology are being held constant. C. represents an unconventional view of the production process. D. All of the above are correct.
B. is made under the assumption that the quantities of human capital, natural resources, and technology are being held constant.
This is an example of the diminishing rate of returns, which says that increase in output is capped at a certain level and putting more resources in will lead to lower and lower marginal outputs, assuming other factors are held constant. The diminishing rate of returns is a conventional/traditional view of production, not an unconventional one.
D. All of the above are correct. All of these sentences are correct in regards to the statement. A capital increase is the increase of equity that a company has.
This statement is an assertion that capital is subject to increasing returns, is made under the assumption that the quantities of human capital, natural resources, and technology are being held constant. This statement also represents an unconventional view of the production process. When there is an increase in the capital, productivity slightly increases to accommodate for the increase in items that need to be completed.
The main advantage banking services offer is A. your name on a check. B. credit cards. C. payday loans. D. ease of financial management.
A: They have to do this, but any printer could do it for you. A is not the answer.
B: Actually I don't think banks should be in the credit card business. There is too much risk. They are I know.
C: Banks don't do payday loans unless the person infrequently makes them, has a good credit rating and intends to pay it back very shortly. Under these conditions, C is not the answer.
D: I would pick D, but B is a possible answer. Bank statements are up to date and accurate mostly done by computers. If D is not right then choose B.
Answer:
D) ease of financial management.
Explanation:
Imagine that you have saved $20,000 and banks do not exist. What do you do with your money? You can hide it somewhere or decide to spend it all. If you think it is a good idea to loan to someone else and earn interest, you will need to find a reliable someone that will effectively pay you interests and return the money eventually. Or if you need to borrow money, you would have to go around asking all your friends and relatives if they can lend you some. Life without banks would really be complicated.
Banks make your life simpler and they help you manage your finances.
Carlina operates a wholesale flower market serving florists in her city. she orders her roses from ecuador because the quality is good and the prices are very competitive. because the roses become unsalable after a day or two, carlina uses _________ transportation for this part of her business?
Air transportation because the product needs to be used quickly.
A business owned and run by a single individual who has rights to all profits is known as
a) Sole proprietorship
b) General partnership
c) Public corporation
d) Limited liability company
The correct answer is choice A.
A business with only one owner is called a sole proprietorship. This owner has rights to all of the profits and does not have to share them with anyone.
Communicating a vision for the future of the organization in bennis and nanus's research is most similar to which of the transformational factors in the full range model? individualized consideration contingent reward idealized influence inspirational motivation
The correct answer is: [D]:
____________________________________________________
→ " inspirational motivation " .
____________________________________________________
Hope this helps!
Best wishes to you!
____________________________________________________
Bennis and Nanus's concept of communicating a vision for the future is most likened to the Transformational Leadership factor of Inspirational Motivation. This involves not just setting goals, but creating a compelling vision that inspires the workforce to strive toward these goals. It aligns with McGregor's Theory Y, which views workers as fundamentally self-motivated.
Explanation:In the Full Range Leadership Model, Bennis and Nanus's idea of communicating a vision for the future of an organization is most similar to the factor of Inspirational Motivation. This element of Transformational Leadership involves the leader developing and articulating a compelling vision, instilling optimism, and enthusing others to strive toward that vision. An example might be a CEO mapping out a five-year plan to expand and innovate within the company, inspiring staff with their clear roadmap to success and growth. It's not merely about setting goals, but creating an inspiring path to achieve them - echoing Bennis and Nanus's idea of visioning.
Theory X and Y, mentioned in the question, are management theories developed by Douglas McGregor which describe different assumptions about workforce motivation. Theory X assumes workers are inherently lazy, requiring direction and control. Theory Y, on the other hand, sees workers as self-motivated and seeks ways to productively harness this. Transformational leadership, with its focus on inspiration and individual consideration, aligns more with Theory Y.
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The uniformed services employment and reemployment act of 1994 (userra) specifies that veterans remain employees at will in their private workplaces.
a. true
b. false
Amanda works as an industrial designer. Her Adjusted Gross Income (AGI) is $60,000. Due to an emergency, she had to spend $6,500 on medical expenses. Is she eligible for a tax deduction, and if so, how much?
A.
no; she is ineligible for a tax deduction
B.
yes; a tax deduction on the entire medical expense
C.
yes; a tax deduction on any amount spent above 10% of her AGI
D.
no; her medical bill is less than 20% of her AGI
Answer:
The correct answer is c.
Explanation:
Amanda is eligible for tax deduction for medical expenses. But not for the full amount, because once your adjusted gross income is calculated, you can only deduct the amount that exceeds 10% of your adjusted gross income.
Since Amanda's adjusted gross income (AGI) is $60,000, 10% of this amount is $6000 and her medical expenses were $6500, she will only be able to deduct $500.
Have a nice day!
Amanda is eligible for a tax deduction on the amount of medical expenses that exceed 10% of her AGI. Hence option C is correct.
What will be the tax deduction ?Which is $6,000 (10% of $60,000). Her total medical expenses are $6,500, which is greater than $6,000, so she can deduct the amount that exceeds the threshold of $6,000.
To calculate the deduction, Amanda needs to subtract the threshold of $6,000 from her total medical expenses of $6,500. The difference is $500, which is the amount she can deduct on her tax return.
It's important to note that to claim this deduction, Amanda must itemize her deductions on her tax return instead of taking the standard deduction.
Additionally, only certain types of medical expenses are deductible, such as doctor visits, hospital stays, prescription medication, and medical equipment. Expenses like cosmetic procedures or over-the-counter medication are not eligible for the deduction.
Overall, Amanda can deduct $500 on her tax return for the medical expenses she incurred during the year. It's always a good idea to consult with a tax professional or use tax preparation software to ensure you're claiming all the deductions and credits you're eligible for.
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A set of strategies (one for each player) in which each player's strategy is the best option for that player, given the chosen strategy of the player's opponents a player's best choice, if it exists, regardless of his or her opponent's strategy the event that occurs when agents in a game form an agreement about which strategies to implement a visual representation of a game showing all possible strategies for each player and all potential outcomes and payoffs
I believe it is Nash Equilibrium.
The subject of the question is game theory, a mathematical tool used in various fields to analyze strategic decision-making in scenarios involving multiple players, each with their own strategies. Examples of game theory include the prisoner's dilemma and the ultimatum game.
Explanation:The subject of this question is game theory, a branch of mathematics used in social sciences, politics, business and other fields to predict and analyze outcomes in situations where players interact. Game theory involves the study of strategic decision-making, particularly in situations where the outcome depends on the choices of multiple players, each with their own goals and strategies. Notable examples of game theory in action include the prisoner's dilemma and the ultimatum game.
A strategy in game theory refers to a set of choices a player makes in response to the choices of other players. Each player's strategy is the best option for that player, given the strategies chosen by their opponents. Game theory also involves the visual representation of a game showing all possible strategies for each player and all potential outcomes and payoffs, enabling players or observers to analyze the situation and make informed decisions.
The prisoner's dilemma is a classic example of a situation modeled by game theory. In the prisoner's dilemma, two individuals are arrested and charged with a crime. Each prisoner must decide either to cooperate with the other by staying silent, or betray the other by confessing. The best outcome for each prisoner depends on what the other decides to do. This scenario illustrates the concept of strategic decision-making in a competitive or adversarial context.
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The statement, "I have always wanted to work for your company," demonstrates how an applicant can benefit the employer. Please select the best answer from the choices provided T F
This statement is false. "I have always wanted to work for your company" does not provide any details as to how the future employee will bring anything to the table that will benefit the employer.
Answer:
false
Explanation:
false
You use u.s. currency to pay the owner of a restaurant for a delicious meal. the currency
a. has no intrinsic value. the exchange is an example of barter.
b. has intrinsic value. the exchange is not an example of barter.
c. has intrinsic value. the exchange is not an example of barter.
d. has no intrinsic value. the exchange is not an example of barter.
b. has intrinsic value. the exchange is an example of barter. is your best answer.
Intrinsic value is the value of a given item without market value. Pretty much no matter what the market value is (stock), the item's price will not change.
~
U.S. currency has no intrinsic value and its exchange is not an example of barter.
Explanation:The correct answer is d. has no intrinsic value. the exchange is not an example of barter.
U.S. currency is considered a fiat currency, meaning it has value because the government declares it to be legal tender. It does not have any inherent value like gold or silver. The exchange of U.S. currency for goods or services is not an example of barter because there is no direct trade of goods or services, but rather the use of a universally accepted medium of exchange.
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What type of receivables result from sales transactions?A. Other receivablesB. Non-trade receivablesC. Trade receivablesD. Long-term receivables
Hello there!
Your answer would be C). Trade receivables
The reason why Trade receivables would be the correct answer because when a sale transaction occurs, it is causing a Trade receivable, this is word to describe an Account Receivable. A trade receivable is when the business charges the customer for the item that they bought. This is the same definition for an Account receivable.
For example, lets say we are at an electronics store, and a customer comes up to the register and wants to buy a phone charger, and the phone charger costs $5, the business will make a trade receivable, by charging the customer $5 for the item. This would be the same process that would happen in an Account Receivable. This would usually be shown as an asset.
Let's word this out differently so it makes more sense. The business is trading with the customer by giving the customer the product, while the customer trades with them the amount the product costs.
Lets dive in to why the other answer choices are incorrect:
Answer choice A). Other receivables is incorrect because this answer choice is not being very specific, and from a sales transaction, the business would be getting back a specific receivable. This is the reason why this answer choice would be eliminated.
Answer choice B). Non-trade receivables is incorrect because the receivables that the business is getting back form the customer is trading. If the receivables were non-tradable, the business wouldn't even do any business because they don't want to have receivables that can't be traded afterwards. This is the reason why this answer choice would be eliminated.
Answer choice D). Long-term receivables is incorrect because the receivables that are the result of a sales transaction would not be long-term, they could come and go real quickly. This is the reason why this answer choice would be eliminated.
The marginal benefit of a slice of pizza is the: question 5 options: total amount that a consumer is willing to pay for a whole pizza, divided by the number of slices difference between the value of the slice to the consumer and the price of the slice. maximum amount that a consumer is willing to pay for the slice. price of the slice of pizza save
maximum amount that a consumer is willing to pay for the slice.