Cist 1602 a formal approach to solving a problem based on a structured sequence of procedures, the use of which ensures a rigorous process and increases the likelihood of achieving the desired final objective is known as a

Overspeculation and a decrease in consumer confidence are both leading factors of: ?

Adisadvantage of corporations is that shareholders have to pay on profits.

What is the difference between total utility and marginal utility? a. marginal utility is subject to the law of diminishing marginal utility while total utility is not. b. total utility represents the consumer optimum while marginal utility gives the total utility per dollar spent on the last unit. c. total utility is the total amount of satisfaction derived from consuming a certain amount of a good while marginal utility is the additional satisfaction gained from consuming an additional unit of the good. d. marginal utility represents the consumer optimum while total utility gives the total utility per dollar spent on the last unit.