1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
gregori [183]
2 years ago
5

If the price of a good increases, all else the same, then the consumer's total utility will increase. decrease. remain the same

as consumption shifts to cheaper goods. decrease if there are no substitutes for the good and remain the same if there are substitutes for the good.
Business
1 answer:
AnnyKZ [126]2 years ago
6 0

When the price of a good increases, all else the same, then the consumer's total utility will decrease.

<h3>What is utility?</h3>

Utility simply means the satisfaction that's gotten when one consumes a particular product.

In this case, it should be noted that when the price of a good increases, all else the same, then the consumer's total utility will decrease. This is because less products will be bought.

Learn more about utility on:

brainly.com/question/24922430

You might be interested in
The differences between the various 'Money Supplies' (M1, M2, …) are base on A) The volume of the economy they make up C) Whethe
postnew [5]

Answer:

The correct option here is B) the degree of liquidity in each element.

Explanation:

Money supply can be described as total amount of money , which is present in an economy at a point of time.

Money supply can be classified as M0,M1,M2  etc , where these different money supply's reflects different type of liquidity that each type of money has in the economy. M0, M1  actually consists of narrow money and contain coins and notes, which are in circulation in the economy and these are easily convertible in to cash and they are most liquid elements and same way M2 would be less liquid than M1, and so on.

8 0
3 years ago
What is innovation? (Media Literacy)
BabaBlast [244]

Answer:

A. A groundbreaking idea, product, or method

Explanation:

Innovation refers to the process that leads to the formation of new ideas that has been been invented before. It refers to the fresh ideas that helps in attracting people inn terms of business. Idea generation helps in new development and thereby helps in the progress. The introduction of the idea from the existing resources helps in the formation of new ideas that take the shape of innovation.

7 0
3 years ago
n computing the current period's manufacturing cost per equivalent unit, the FIFO method of process costing considers: (CPA adap
kykrilka [37]

Answer:

C. current period costs less cost of beginning work-in-process inventory

Explanation:

While calculating the current period manufacturing under FIFO method the cost of beginning work in process will be deducted as was incurred in previous period, for the current period only the current period cost will be considered.

Though the FIFO method is based on first in first out principle where opening inventory will be sold first, but the cost incurred earlier in previous period will not be considered.

Correct statement is C

3 0
3 years ago
Is the concept of a team bonding through the subjugation and humiliation of some of its junior members valid, or do these behavi
NARA [144]
Team bonding through the subjugation of junior members is not valid. Junior members should be encouraged by the senior members to strive for the team, not belittled or humiliated in the process. Different people assume comradery in different ways, some through degradation or laughter, and others through positivity and cohesiveness, but subjugation and humiliation should never be a factor when building teams, especially in today’s society since we live in such a diverse culture in this country. If an organization relied on humiliating banter in order to form a collective unit, then it shows that the organization is less cohesive and reflects poor management and leadership skills within the organization.
3 0
3 years ago
When a student is given two seemingly different problems to solve, but the problems have the same underlying logical requirement
zysi [14]

The correct answer is the salience of surface similarities. The salience of surface similarities are likely to focus more on the surface level properties by which they are likely to be opposed to the underlying principles that are being shared.

7 0
3 years ago
Other questions:
  • Name some skills an accessory designer has to have that a sales representative does not.
    6·1 answer
  • In general, managing global operations is made easier by __________ and __________.
    10·1 answer
  • ABC paid $2,000 interest on short-term notes payable, $10,000 interest on long-term bonds, and $6,000 in dividends on its common
    8·1 answer
  • Zelda Partnership holds cash of $30,000 and inventory worth $60,000 (basis equals $42,000). Zelda makes a $30,000 cash liquidati
    5·1 answer
  • Renaissance Technologies (RenTech) is a good example of a hedge fund that has benefited from the ________________ to the financi
    5·1 answer
  • A purely competitive firm finds that the market price for its product is $30.00. it has a fixed cost of $100.00 and a variable c
    8·1 answer
  • One study found that the best salespersons have four traits in​ common: intrinsic​ motivation, a disciplined work​ style, the ab
    9·2 answers
  • The Economic Stabilization Fund, created by the state legislature in 1988 as a sort of state savings account, is often also refe
    9·1 answer
  • Which sector dominates developed economies such as the United States? In developed economies such as the United States, the sect
    11·1 answer
  • Asking the prospect to make a decision on some aspect of the purchase is referred to as?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!