In july 2012, it cost $125 to purchase a ticket to visit the parks at disneyland for one day. a five-day pass to the same parks cost only $290. disneyland charges less for the additional days because ofa. diminishing marginal utility. b. the real-income effect. c. the substitution effect. d. marginal utility. e. the consumer optimum

If the ceo of a large, diversified, firm were filling out a fitness report on a division manager (i.e., "grading" the manager), which of the following situations would be likely to cause the manager to receive a better grade? in all cases, assume that other things are held constant.a. the division's basic earning power ratio is above the average of other firms in its industry.b. the division's total assets turnover ratio is below the average for other firms in its industry.c. the division's debt ratio is above the average for other firms in the industry.d. the division's inventory turnover is 6, whereas the average for its competitors is 8.e. the division's dso (days' sales outstanding) is 40, whereas the average for its competitors is 30.