What is the difference between ordinal utility and cardinalutility? Ordinal utility refers to
A. satisfaction when consumers are , while cardinal utility is satisfaction when consumers are .
B. a ranking of market baskets based on , while cardinal utility is a ranking of market baskets based on .
C. a ranking where the intensity of preferences is quantified, while cardinal utility is a number that by itself has no meaning.
D. an interpersonal comparison of satisfaction, while cardinal utility is a ranking of market baskets using arbitrary numerical values.
E. a ranking of market baskets in order of most to least preferred, while cardinal utility indicates how much one market basket is preferred to another.

When paul o’neill joined alcoa as ceo, he set a , that there would be zero workplace accidents. a lot of people in the organization thought this was impossible given how dangerous some aluminum-manufacturing jobs are, but alcoa’s safety record improved tremendously. as the board of governors of the american red cross considers planning, one option is to make strategic plans and then direct managers to align tactical and operational plans accordingly. another option is to have planning specialists managers across the organization make their own plans. why might this organization’s executives opt for the latter approach? check all that apply. (a) the environment is a dynamic one, and department and frontline managers can come up with more responsive plans than can central leadership. (b)resources will be better coordinated across the organization in support of the overall strategy.(c) senior leadership will have more control over the organization’s direction. (d)when managers come up with their own plans, they are likely to be more committed to following through on them.

Which motion below could be made so that the chair would be called on to enforce a violated rule?

You are in the market for a new refrigerator for your company’s lounge, and you have narrowed the search down to two models. the energy efficient model sells for $700 and will save you $45 at the end of each of the next five years in electricity costs. the standard model has features similar to the energy efficient model but provides no future saving in electricity costs. it is priced at only $500. assuming your opportunity cost of funds is 6 percent, which refrigerator should you purchase