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melamori03 [73]
2 years ago
11

When a consumer shifts purchases from product x to product y, the marginal utility of:____.

Business
1 answer:
dlinn [17]2 years ago
5 0

When a consumer shifts purchases from product x to product y, the marginal utility of <u>X rises, and the </u><u>marginal utility</u><u> of Y falls.</u>

In economics, utility is the satisfaction or benefit obtained from consuming a product. The marginal utility of a good or service describes how much pleasure or satisfaction a consumer gains or loses by increasing or decreasing his consumption by one unit. There are three types of marginal utility. They are positive, negative, or zero marginal utilities.

Marginal utility is the pleasure obtained by the consumer for each additional unit he consumes. Calculate the utility over the first consumed product (threshold amount). For example, you can buy frozen donuts. In return, this will give you a certain level of benefit or satisfaction.

Learn more about  Marginal utility here: brainly.com/question/15050855

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3 years ago
Pastoria Enterprises has scheduled raw material purchases of $100,000 in January, $130,000 in February, and $150,000 in March. T
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Answer:

B

Explanation:

The question asks to calculate how much will be disbursed by the company in February.

Firstly , we know that the company disburses 75% in the month of purchase and 25% during the month after purchase.

Now, 75% of $130,000 would be disbursed as February’s own payment:

Mathematically 75/100 * 130,000 = 97,500

Also, we should not forget that the company disburses 25% of previous month during the current. That is 25/100 * 100,000 = 25,000

Total amount disbursed is thus 25,000 + 97,500 = $122,500

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3 years ago
Suppose an economist believes that the price level in the economy is directly related to the money supply, or the amount of mone
Alex787 [66]

The statement " An economist would look for data on past changes in the money supply, and note the resulting changes in the price level " is correct.

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Financial experts analyse the market activity of economists. Their main responsibility includes the compilation and review of economic and socio-economic data, guidance on economic choices for companies and governments and the creation of models for economic predictions.

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3 years ago
White Sands Heavy Equipment Co. produces industrial equipment that it sells through its national sales force.
Tcecarenko [31]

Answer:E. a flexible price policy

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3 years ago
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