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SashulF [63]
2 years ago
11

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

Business
1 answer:
Oksanka [162]2 years 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

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What is the difference between an affirmative action goal and a quota? Is there a difference
Margaret [11]

Answer:

Affirmative action is an effort by institutions to improve educational and economic opportunities for underrepresented groups and communities. Quotas force diversity without factoring in actual inclusion. The pathetic attempt to meet numerical goals to appear diverse.

3 0
2 years ago
As a result of cash flow shortages, Millard's Department Stores has fallen behind in payments to suppliers. Some suppliers are w
aleksandr82 [10.1K]

Answer:

D. short-term financing

Explanation:

Based on the information provided within the question it seems that in this scenario Millard's Department Stores should utilize short-term financing. This is a short term loan (usually less than one year) that you can use for you daily business operations. Which is exactly what Millard's Department Store needs in order to pay off the suppliers to continue receiving payments and continue it's business operations to make money.

8 0
3 years ago
Consider a hypothetical economy in which the marginal propensity to consume (MPC) is 0.84. Suppose that in Year 1, disposable in
Ede4ka [16]

Answer:

$64,48 billion

Explanation:

marginal propensity ( MPC ) = 0.84  i.e ratio of disposable income to consumption is $1 to 84 cent

YEAR 1 disposable income = $412 billion

year 1 consumption =  $368 billion

year 2 disposable income = $540 billion

calculate the level of saving in year 2

from given data

consumption = Co + 0.84 * 412

368 = Co + 346.08

therefore Co = 21.92

therefore for year 2

Consumption = Co + 0.84 * 540

                     = 21.92 + 453.6 = $475.52

hence savings level = disposable - consumption = 540 - 475.52 = $64,48 billion

8 0
4 years ago
Developing a resilient brand is less about ________ and more about ________. a. selling products; generating leads b. generating
aalyn [17]

Developing a resilient brand is less about <u>pushing a product</u> and more about <u>building trust</u> with the consumers.

<h3>What is a resilient brand?</h3>

Resilience in branding relates to the concept of creating brands that can last longer in the market.



The qualities of a resilient brand are, they able to:

  • change with the requirements of the consumers
  • recover from setbacks
  • achieve extension over new products types
  • take on new business models
  • win the customers every time.

See the link below for more about resilient brand:
brainly.com/question/14286452

3 0
3 years ago
Typically collocation between team members?
lukranit [14]
Regularly collocation oF colleagues gives chances To rich Face-to-Face correspondence. Collocation is the periodic juxtaposition of a specific word with another word or words with a recurrence more prominent than shot.

I hope the answer will help you.
7 0
4 years ago
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