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
NikAS [45]
3 years ago
7

True or false: economizing behavior involves choosing the option that brings the greatest satisfaction at the least cost.

Business
1 answer:
Neko [114]3 years ago
4 0
<span>True. "Economizing behavior" is the result of purposeful and rational decision making on behalf of the economizer. The better option in two items of the same quality is to buy the cheaper object. For example, if you want to buy a chocolate bar and see that one seller offers one at $1.50 and the other one offers one at $3. Economizing behavior would be to buy the first bar.</span>
You might be interested in
What is the largest equities market in the world?
Dovator [93]
<span>Actually its one and only New york stock exchange (NYSE) for sure, with biggest market capital transaction in big trillions of dollars and is also one of the most traded exchange in the whole world, and hence its also one of the best and top financial market in the world.</span>
5 0
3 years ago
Which workplace trait means fulfilling your commitments in time or in advance?
Drupady [299]
I believe the answer is Time management
6 0
3 years ago
Andy Company had a cash balance on May 1 of $ 30,000. At the end of​ May, the cash balance has increased to $ 33,000. During the
PIT_PIT [208]

Answer:

The correct answer is A

Explanation:

The Cash payments for the month of may is computed as:

Cash payment = Cash balance on May 1 + Cash received  during the month - Cash balance increased

where

Cash balance on May 1 is $30,000

Cash received  during the month is $47,000

Cash balance increased  is $33,000

Putting the values above:

Cash payments = $30,000 + $47,000 - $33,000

= $77,000 - $33,000

= $44,000

4 0
3 years ago
Which of the following best describes equilibrium?
QveST [7]

Answer:

C. A situation where no economic agent would benefit by changing his or her behavior

Explanation:

An economic equilibrium is when the agents are optimizing their decisions and opposing market forces are equal. This point allows the economic agents to maximize their utility and any change from this point will cause all agents to move away from potential maximum benefits.

In a natural equilibrium there is usually no government intervention so option A is false. Option B gives only one agent potential benefits and as such there is no equilibrium. Option D is conditional and may or may not happen as when the agents find missing information they would optimize again and move to an equilibrium.

Hope that helps.

3 0
3 years ago
Enron and Tyco failed primarily because they______.
faltersainse [42]

The correct answer is D. manipulated accounting Procedures.

3 0
2 years ago
Other questions:
  • Which type of shark has the largest estimated population in the world?
    14·1 answer
  • If you earned $10-an-hour in 2005 when the cpi was 100, and you earn $11-an-hour today when the cpi is 120, then your real wage
    10·1 answer
  • Kendra’s Quilts makes custom baby quilts embroidered with the baby’s name and date of birth. The company is considering the purc
    10·1 answer
  • Dieter is a debtor to Maxwell, the secured party. Dieter lives in Ohio and works in Kentucky. Maxwell lives in Indiana and works
    7·2 answers
  • Primus Corp. is planning to convert an existing warehouse into a new plant that will increase its production capacity by 45%. Th
    13·1 answer
  • Autopitch devices are made for both​ major- and​ minor-league teams to help them improve their batting averages. When set at the
    13·1 answer
  • Acceptance. Altisource Portfolio Solutions, Inc., is a global corporation that provides real property owners with services, such
    5·1 answer
  • Wriston Company is preparing its cash budget for the upcoming month. The beginning cash balance for the month is expected to be
    11·1 answer
  • How do i color clay without food coloring or paint
    7·2 answers
  • What are the 3 Levels of Management?:​
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!