The Target Cash Balance Is Typically (And Logically)set So That

question 39

True/False

The target cash balance is typically (and logically)set so that it does not need to be adjusted for either seasonal patterns or unanticipated random fluctuations.

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Definitions:

Marginal Utility

The additional satisfaction or utility a consumer receives from consuming one more unit of a good or service.

Total Utility

The total satisfaction or benefit a consumer receives from consuming a particular quantity of a good or service.

Salsa

a spicy sauce of tomatoes, onions, and chili peppers commonly used in Latin American cuisine.

Marginal Utility

The incremental enjoyment or advantage a consumer receives from consuming one more unit of a good or service.