List the Four Types of Responsibility Centers

question 91

Essay

List the four types of responsibility centers.For each center,state the responsibility of the manager.
$\begin{array}{|c|c|}\hline\begin{array}{c}\text { Type of } \\\text { responsibility center }\end{array} & \text { Responsibility of the manager } \\\hline & \\\hline & \\\hline & \\\hline & \\\hline\end{array}$

---

Definitions:

Marginal Utility

The additional satisfaction or utility gained by consuming an additional unit of a good or service.

Indifference Curve

A graphical representation in microeconomic theory of all combinations of goods that provide a consumer with the same level of satisfaction, indicating their preferences.

Indifference Curve

A graphical representation showing different combinations of two goods that give a consumer equal satisfaction and utility.

Marginal Utility

The additional satisfaction or usefulness gained from consuming one more unit of a good or service.