Q. Review your spending over the last few months. Now sort these expenses by Explain how much utility or satisfaction, they have rendered you.
Now consider three individuals: a neighbor, a friend also your boss.
Explain how do you think which these individuals would rank the utility of these similar expenses for themselves? Illustrate what reasons may account for the similarities also differences in the ranking of such expenditures by your neighbor, your friend also your boss?
Create a report in Microsoft Word which comprises the above information, conversion also analysis. Also, comprise a table which demonstrates the ranking of each of the chosen expenditures as well as their respective utility for you, your neighbor, your friend also your boss, respectively.
Next, create a chart in MS Excel illustrating the relationship between utility also consumption as conversed in the above example.