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guapka [62]
2 years ago
12

According to rational consumer choice, what will happen to the optimal quantity of consumption for a good if the price increases

?
a) it will increase along with the total utility
b) it will decrease
c) it will increase
d) it will be unaffected
e) insufficient data to determine
Social Studies
1 answer:
S_A_V [24]2 years ago
7 0

According to rational consumer choice, the optimal quantity of consumption for a good if the price increases will c) it will increase.

<h3>What is rational consumer choice?</h3>

The rational consumer choice explains that individuals use their self-interests  in making their choices  which gives them with the greatest benefit.

In this case, According to rational consumer choice, the optimal quantity of consumption for a good if the price increases will c) it will increase.

Learn more about consumer choice on:

brainly.com/question/380037

#SPJ1

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The correct answer is D) unstable external attribution. Attributions are the inferences people make about the causes of events. There are internal/external and stable/unstable attributions. 
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For example, Lisa gets a F on his sociology term paper. If he attributes the grade to the fact that he always has bad luck, it is a stable attribution. If he attributes the grade to the fact that he didn’t have much time to study, it is an unstable attribution.
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If the inflation rate in Mexico was twice the rate in the United States, but the Mexican monetary authorities kept the peso-doll
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Answer:

E. Mexican products would be more expensive, while U.S.-made products would become comparatively less expensive.

Explanation:

Imagine the following scenario:

  • MXN: mexican peso
  • USD: united states dollar
  • There is no cost in shipping or transport

if the fixed relation is 2 MXN = 1 USD. Say you want to buy a TV that costs 200MXN in Mexico or 100USD in the US. That means that buying a TV costs the same in each country.

Now suppose that the TV price in Mexico, due to inflation, changes to MXN 300.

If you had 300MXN in your wallet, you could:

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That mean that, with the same amount of MXN you can buy more things in the US than in Mexico.

Another way to think about this is.

Say you are a mexican, if there is high inflation, the price of everything will rise, if you considder the exchange rate as another price that means that everything will cost more, except the US Dollar, which will stay in the same price

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Tpy6a [65]

The paraphrase of the information regarding marriage is illustrated below.

<h3>How to explain the information?</h3>

Marriage being a requirement was a result of the circumstances that were bringing civilization to the colony. The collaboration of wives in marriage revealed their means of subsistence. The wives had trading value because the husbands could exchange them for goods like tobacco. Marriage was viewed throughout the colonial era as a requirement for civilisation. It was designed to tame males and offer them a new perspective on the colony that was more mature and civilized. Colonial males were delivered mail-order brides in an arranged marriage. Women today have a greater sense of independence and freedom.

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Learn more about marriage on:

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The factors that led to marriage as a necessity were bringing civilization to the colony. Wives' cooperation to marriage reflected their means to survive. The wives carried trade value as the men could sell them for trade such as tobacco. In the colonial years, marriage was seen as a necessary arrangement for civilization. It was intended to tame men and give them a different view, more mature and tamed towards the colony. There was arranged marriage where colonial men were sent mail ordered brides. In current days, women gained a sense of individuality and freedom. The husband is no longer seen as the authoritative figure over the wive but as a protector to her. Marriage has changed to an option that is motivated by love. Democracy had an affect on marriage as a free choice. Self governing of the country and the Deceleration of Independence had an affect on people's independence and personal decision making. As chapter two went over families having less children, I believe marriage will change in the future by people having even fewer or no children. Also, waiting even longer to have children as women are now focusing on careers more. I believe in the future, couples are also waiting longer to even get married or avoiding marriage all together but still having children together and living together as a family.

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