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
LenaWriter [7]
3 years ago
15

A utility-maximizing consumer of coffee also enjoys consuming tea. Coffee prices rise, while tea prices do not change. This cons

umers consumes only these two goods and all else remains the same. For this consumer, consumption of tea will ______________, and marginal utility of coffee will ______________.
Social Studies
1 answer:
PIT_PIT [208]3 years ago
4 0

Answer:

consumption of tea will <u>increase</u> , and marginal utility of coffee will <u>increase</u>

Explanation:

As Consumer consumes both tea & coffee, they are substitutes goods (which can be inter change-ably used by consumer).

Substitute Goods' price & quantity are inversely related. Such because -

  • Price fall of a good makes it relatively cheaper & increases its quantity demanded, decreases other good's demand.
  • Price fall of a good makes it relatively expensive & decreases its quantity demanded, increases other good's demand

So: Tea & Coffee being substitutes - If price of coffee rise, its own quantity demanded decreases & tea demand increases.

Coffee quantity demanded decrease means Marginal Utility of coffee will increase, as - MU decreases with more consumption quantity & it increases with less quantity consumption [as per Law of Diminishing Marginal Utility].

You might be interested in
Children are likely to encode and remember information that is consistent with their ideas about gender, but they are likely to
grandymaker [24]

Answer:

gender - schema theory

Explanation:

Gender-schema theory -

This theory was first given by Sandra Bem , in the year of 1981 ,

From the theory many aspects are explained , like , in the society how the individual get gendered , how the gender - linked features are maintained and then pass on to the other members of the culture .

This theory helps to explain , the establishment of the gender stereotypes in the society .

Hence , from the question , the correct term for the given information is gender - schema theory .

3 0
3 years ago
How old were many of the soldiers that enlisted during the Civil War?
Semenov [28]

CivilWarSaga.com says, It is estimated that at least 100,000 Union soldiers were boys under 15 years old and about 20 percent of all Civil War soldiers were under 18. Hope this helps :)

3 0
3 years ago
Interdependency in Federalism generally means that:
cestrela7 [59]

Answer:

The correct answer is D. Interdependency in Federalism generally means that the States and the National Government work together to accomplish a common goal.

Explanation:

Interdependence implies a situation in which several factors work together to achieve a common goal, and in turn depend on each other to achieve those goals.

Regarding the political organization of the United States, the federalist system implies the existence of a federal government and, in turn, state governments of each of the states that make up the Union.

There is an interdependence between the federal government and the state governments, since these entities work together with the objective of improving the lives of their citizens, while seeking the common objective of enforcing the laws, managing resources and ensuring the justice in the territories in which they have competence.

6 0
3 years ago
Farmer Owens has an apple orchard that must be pollinated by bees in order to bear fruit. Farmer​ Owens's neighbor,​ Maude, owns
oee [108]

Answer:

The likely result would be Owen giving Maud 2000 Dollars for the bees requires to pollinate his farm and Maud accepting the 2000 Dollars as a benefit for the bees given out to Owen because the bees has no or was not intended for profit. So a little benefit to reduce cost of maintenance of the bee hive would bring a smile to Maud.

Explanation:

Since Maud has bee hives that are not of benefit to him and yet pays 5000 dollars yearly to maintain, he will at this time agree to give out 2000 dollars worth of benefit bees to Owen since that will automatically reduce his cost of maintenance of bee hive for that year.

Maud might then propose to Owen that after the bees have pollinated the farm and the apples are ripe, he will be given a reasonable percentage of the produce from the farm.

This way, it is a win-win scenario for both parties

5 0
3 years ago
Which one of the following individuals would be most likely to vote?
Elden [556K]
The most likely individual out of these to vote would be c - A 50-year-old corporate executive who holds a master's degre in business. The reason for this is that with age, people are more likely to vote. Furthermore, the older person who is also a corporative executive would rather and like to see the party or political option that would serve his agenda to win. 
7 0
3 years ago
Other questions:
  • Describe the borders of the U.S.A?
    9·1 answer
  • In what ways did the civilizations and empires of ancient India and China lay long lasting social and political foundations
    13·1 answer
  • What is the definition of poverty, and where does "dignity" (or lack thereof) come in? what are some elements of life under cond
    10·1 answer
  • During __________, children adjust old schemes after noticing that their current ways of thinking do not capture the environment
    9·1 answer
  • Which of the following people is an example of a serf?
    10·2 answers
  • Define the Great Society, and discuss how activists and President Johnson worked together to create a Great Society with “abunda
    9·1 answer
  • Which of the following is not a risk factor for SIDS?1. above average birth weight2. hyperthermia3. premature birth4. smoking in
    8·1 answer
  • At his weekly therapy session, henry became agitated at his therapist, saying that she was controlling, domineering, and trying
    6·1 answer
  • Put the governmental structure to the right country. Some may be send more than once.
    15·2 answers
  • .¿Qué significa vivir en democracia?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!