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
Andrej [43]
1 year ago
5

In making the best economic choices, consumers compare the benefits of the choice to.

Business
1 answer:
madam [21]1 year ago
8 0

In making the best economic choices, consumers compare the benefits of the choice to its cost.

<h3>What is choice?</h3>

This is the option that the consumer has considered to be the best way of satisfying his needs.

The choice of a person is a direct measurement of the benefit of the good and the cost that they can offer up for that good.

Therefore, in order to make the best economic choice, the benefits of a good must be compared to cost.

Read more on consumer choices here:

brainly.com/question/380037

#SPJ1

You might be interested in
Consider the following scenarios:
Oliga [24]
Scenario 2 would be correct
7 0
3 years ago
Future economic trends are not influenced by economic theories. True or false?
nikklg [1K]
That statement is false.
Economic theories will determine how companies see the market and will somehow affect the decision that they will make for the market.
This decision will influence the future economic trends because these companies usually are really forward thinkers. From this, we could draw a correlation between future economic trends and economic theories
5 0
3 years ago
Singh has found that he needs increasing amounts of alcohol to have the desired effect.  In other words, Singh has developed a(n
Nimfa-mama [501]
Addiction xD Singh has an addiction for drinking.<span />
3 0
3 years ago
Bianca is conducting an experiment to determine how temperatures affect the productivity of employees. she has just completed th
Lyrx [107]
What are you asking as an abriviation
4 0
2 years ago
The sea wharf restaurant would like to determine the best way to allocate a monthly advertising budget of $1000 between newspape
Andreas93 [3]
From what I understood in the problem, the total budget that covers all types of media is only $1,000 per month. For the allocation, each type of media would get at least 25% of the budget. If we infer on this information, there should only be 4 types of media, at least. This is because four 25% portions would equal to 100%. If it exceeds 25% for each of the four types, it would be over the $1000 budget. With that being said, it is also possible that there will be 3 or 2 types of media. Nevertheless, let's just stick to the least assumption of 25% for each of the 4 types.

If local newspaper advertising is one of the four types, then:

$1000(25%) = $250

It would get $250 from the overall budget.
5 0
2 years ago
Other questions:
  • Jane's aunt wants a cashmere blanket to put over her legs when she watches television from her favorite chair. Jane could drive
    11·1 answer
  • Explain what is meant by the present value of an ordinary annuity. Choose the correct answer below. A. It is the value of any si
    9·1 answer
  • Mark and julie are going to sell brownies and cookies for their third annual fundraiser bake sale. In one day, mark can make 40
    10·1 answer
  • Vice President Kim must tell Phuong that Phuong's employment ends within two weeks. The best channel of delivering this message
    11·1 answer
  • A customer opens a new margin account with the following position:
    14·1 answer
  • TransactionsUnitsUnit Cost a. Inventory, Beginning 4,000 $24 For the year: b. Purchase, March 5 10,000 25 c. Purchase, September
    13·1 answer
  • Lego Company has used the FIFO method since it began operations in 2023. Lego changed to the weighted average method in 2026. Th
    11·1 answer
  • 1. An agency is given detailed authority to issue rules similar to the power of statutes with _____ rule making.
    5·1 answer
  • A study by Great Places to Work, a research and consulting firm, highlights the benefits of breaking down boundaries to get all
    6·1 answer
  • Japan and other market-based economies enjoy economic growth, but also face greater risks due to:.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!