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
SashulF [63]
1 year ago
11

A utility-maximizing consumer buys so as to make ________ for all pairs of goods.

Business
1 answer:
Oksanka [162]1 year ago
8 0

A utility-maximizing consumer buys so as to make MUx/MUy = Px/Py for all pairs of goods.

Utility is a concept in economics that is used to simulate worth or value. Its application has drastically changed over time. Moral philosophers like Jeremy Bentham and John Stuart Mill first used the phrase to define pleasure or happiness as a component of the utilitarianism hypothesis.

It is a gauge of how contented a person feels after consuming certain goods. It is a measurement of the utility a consumer derives from any good, in other words. A utility is a way to quantify how much a person appreciates a particular movie, dish, or product.

Learn more about utility here

brainly.com/question/24922430

#SPJ4

You might be interested in
Characteristics of capital projects include: Group of answer choices Involves long-lived assets Usually requires long-range plan
Verdich [7]

Characteristics of capital projects include (B) usually requires long-range planning and extensive financing.

<h3>What are capital projects?</h3>
  • A Capital Project is one that serves to maintain or improve a City asset, also known as infrastructure.
  • A project must meet ONE of the following requirements (criteria) to be included in the Capital Budget.
  • It is a project that involves the construction, enlargement, renovation, or replacement of an existing building or facilities.
<h3>Characteristics of capital projects:</h3>
  1. Long-lasting assets are involved (e.g, buildings, roads and bridges, etc.)
  2. A construction project is usually included.
  3. Long-term planning and extensive financing are usually required.
  4. Maintain a project-life emphasis rather than a year-to-year concentration.

Therefore, characteristics of capital projects include (B) usually require long-range planning and extensive financing.

Know more about capital projects here:

brainly.com/question/7442083

#SPJ4

Correct question:

Characteristics of capital projects include:

Group of answer choices -

(A) Involves long-lived assets.

(B) Usually requires long-range planning and extensive financing.

(C) Usually has a year-to-year focus.

4 0
2 years ago
In the russian domain, where does the commercial agricultural products concentrate
notsponge [240]
<span>Belarus and central European Russia had very long growing season, but they had acidic podzol soils that  limit farm output</span><span>.  Three environments influence agriculture in this region</span><span>, Poor soils, cold temps, forests north of Moscow and St. Petersburg.  </span>Soils support commercial wheat, corn, sugar, beets, meat production.
5 0
3 years ago
A _________ is generally considered an appreciating asset because it may _________ in value over time.
jeka94

A house is generally considered an appreciating asset because it may increase in value over time. Appreciation is an increase in the value of an asset over time. The increase of the value of the house may occur for a number of reasons, including increased demand or weakening supply, or as a result of changes in inflation or interest rates. One example would be: the neighborhood became very famous, so the value of the houses there will increase, because the demand will increase.

8 0
3 years ago
Read 2 more answers
What is the viability and relevancy of insurance products sold to businesses and individuals ?
vfiekz [6]
Businesses good but very hard.
6 0
3 years ago
Which one of the following actions will increase the current ratio, all else constant? Assume the current ratio is greater than
Greeley [361]

Answer:

C) Cash payment of an account payable

We know that the current ratio is greater than 1, and in the formula for current ratio the assets are in the numerator and liabilities in the denominator, in this case an asset is increasing for the same account that a liability is decreasing by. So whenever the the value is above one and the numerator and denominator are decreased by the same amount the value increases.

Explanation:

3 0
3 years ago
Other questions:
  • Pilcher Corp. manufactures tents in its two factories located at two states in Arkadas. It exports its goods to several of its n
    10·1 answer
  • Maria lost her job because the economy is shrinking.What kind of example is stated above?
    12·1 answer
  • Baxter Company's merchandise inventory at the start of 2014 was $85,000. The company purchased inventory during 2014 in the amou
    13·1 answer
  • Delta Company performed $20,000 of services on account and recorded the amount due as a typical account receivable. Over time, i
    5·1 answer
  • On November 15, Meier Company received $3,000 cash from a customer for services that were performed on November 1. According to
    10·1 answer
  • Southwestern College is planning to hold a fund raising banquet at one of the local country clubs. It has two options for the​ b
    11·1 answer
  • Uniform Supply accepted a $6,300, 90-day, 8% note from Tracy Janitorial on October 17. If the note is dishonored, but Uniform Su
    5·1 answer
  • Ruggles Circuit Company manufactures circuit boards for other firms. Management is attempting to search for ways to reduce manuf
    9·1 answer
  • 1.
    15·2 answers
  • Which form of alternate site is the cheapest, but may not allow an organization to recover before reaching their maximum tolerab
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!