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taurus [48]
2 years ago
10

can be useful in analyzing how a choice affects a particular market and shapes the economic system as a whole.

Business
1 answer:
galina1969 [7]2 years ago
3 0

Microeconomics can be useful in analyzing how a choice affects a particular market and shapes the economic system as a whole.

The decision-makers are assisted by the study of microeconomics in analyzing and deciding how productive resources are distributed among various goods and services. Additionally, it aids in resolving the conundrum faced by producers on what to make, how much to produce, and for whom to produce.

<h3>What is the main purpose of microeconomics?</h3>

The allocation of resources for production, exchange, and consumption by individuals and businesses is the subject of microeconomics. The study of economy-wide aggregates is left to macroeconomics whereas microeconomics deals with the prices and production in individual markets as well as the interaction between different markets.

Businesses can better understand consumer spending patterns and motivations by using microeconomics. What is sold, how it is sold, and why it is sold can all be influenced by the science behind how customers and even businesses buy. Ultimately, supply and demand govern almost every aspect of the business.

Learn more about Microeconomics here:

brainly.com/question/8102286

#SPJ4

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8 0
4 years ago
In deciding how many hours to work, Beulah will make a choice that maximizes her _______; that is, she will choose according to
aliina [53]

Answer:

The correct answer is c. utility.

Explanation:

The correct answer is c. utility. Beulah wants to make a choice that is profitable as well as not compromising on her leisure time, she wants to make a choice to maximize her UTILITY. Utility means to be profitable and or useful. There is no budget constraint or opportunity cost that she should be concerned about.

5 0
3 years ago
Other things equal, an increase in productivity will Multiple Choice reduce aggregate supply and increase real output. reduce bo
leva [86]

Answer:

increase both aggregate supply and real output.

Explanation:

A rise in productivity makes it possible for each and every firm to rise the greater amount of output. due to this  aggregate supply will rise which will lead to increase in the real output.

Also the rise in productivity increase the aggregate supply and the AS curve would be shifted to right that rise the real output but reduce the level of the price in the new equilibrium output level

Therefore the above represent the answer  

6 0
3 years ago
Which of the following categories in the portfolio matrix is a market leader and growing fast?
Maslowich

Answer:

It is Star (B)

Explanation:

Option (a) True. Star is a product with high relative market share in a high growing market . This product is full of potential but require more investment and spending in the areas of advertising,innovation and  market research in order to maintain its market leadership position. Hence, it might be cash neutral at this stage.

In the long-run, it will eventually turns to cash cow in the portfolio if we can sustain its position.

Option(b) Meteor. False. This does not exist in product portfolio matrix.

Option (c) Cash cow. False.

This product has a large relative market share in a stagnating (mature) market, profits and cash flows are expected to be high. Because of the lower growth rate, investments needed should also be low.

Hence, they  typically generate cash in excess of the amount of cash needed to maintain the business and this  ‘excess cash’ is supposed to be ‘milked’ from the Cash Cow for investments in other business units (Stars and Question Marks). Cash Cows ultimately bring balance and stability to a portfolio.

Option (d) Shiner. False .It does not exist

Option (e) Top dog. It is a product with low relative market share in a stagnant market.

8 0
3 years ago
Sam just opened a savings account paying 3.5 percent interest, compounded annually. After four years, the savings account will b
Tasya [4]

Answer:

could have deposited less money today and still had $5.000 In four years If the account paid a higher rate of interest

Explanation:

here is the full question

Sam Just opened a savings account paying 3.5 percent interest, compounded annually. After four years, the savings account will be worth $5,000. Assume there are no additional deposits or withdrawals. Given this, Sam: Multiple Choice will earn the same amount of Interest each year for four years will earn simple interest on his savings every year for four years. could have deposited less money today and still had $5.000 In four years If the account pald a higher rate of interest. has an account currently valued at $5,000. could earn more Interest on this account if the Interest earnings were withdrawn annually.

He would not earn the same amount of interest each year due to compounding. This is also the reason the simple interest would differ from compound interest.

To determine the value today, the present value has to be determined. This would be done by discounting the future value

6 0
3 years ago
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