Which of the Following Is a Type of Company That

question 66

Multiple Choice

Which of the following is a type of company that needs good cash management and more cash available as it has seasonal pattern of sales and receipts?

• A) toy company
• B) juice company
• C) shoe company
• D) cereal company

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Definitions:

Marginal Benefit

Marginal benefit is the additional satisfaction or utility that a person receives from consuming an additional unit of a good or service.

Sushi Bar

A restaurant specializing in sushi, offering a variety of raw fish and seafood dishes, often served on a conveyer belt or prepared to order.

Additional Piece

A supplementary item or unit added to those already present or available.

Marginal Benefit Curve

A Marginal Benefit Curve represents the additional benefit that a consumer derives from consuming one more unit of a good or service, often decreasing as consumption increases.