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Georgia [21]
2 years ago
10

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
Advanced Placement (AP)
1 answer:
Misha Larkins [42]2 years ago
6 0

According to rational consumer choice, the thing that will happen to the optimal quantity of consumption for a good if the price increases is that option c: it will increase.

<h3>What will occur if in response to a fall in its price a consumer buys more of a good?</h3>

The income effect is known to often take place if a reduction in the price of a good tends to increases consumer's real income.

This is known to often making them have the ability to buy more or  to purchase all of the  goods, so the quantity demanded is known to often increases.

Therefore, According to rational consumer choice, the thing that will happen to the optimal quantity of consumption for a good if the price increases is that option c: it will increase.

Learn more about consumer choice from

brainly.com/question/28018745

#SPJ1

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Answer:

I would say true

Explanation:

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Answer:

No, the 270 cm rope Clint has is not enough to do the job.

Explanation:

The height of tree where rope has to be tied = 180 cm

The distance of the stake from the base of the tree = 200 cm

We can say that the arrangement makes a right angle triangle, with the right angle situated at the base of the tree. The figure is attached below. Consult it for better understanding.

Length of the rope can be found by using Pythagoras theorem.

(Length of rope)² = 180² + 200²

Length of rope = 269 cm

As it is stated the additional 30cm of rope is required for tying from both ends. Total length of rope required is:

Total length of rope = 269 + 30

Total length of rope = 299 cm

As length of rope required is 299cm, the 270 cm rope Clint has is not enough to do the job.

6 0
3 years ago
Which of the following was not a cause of conflict between american indians and the new nation during washingtons presidency?
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Answer:

16 chocolate bars

Explanation:

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the equation would be 12x/0.75 and x represents the number of chocolate bars

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Answer:-Theory proposes the world system as a set of mechanisms which distributes resources from the periphery to the core. -Wallerstein stated that the core is the more developed, industrial part of the world, and the periphery is the raw materials-exporting, poor part of the world.

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