Answer:
She should buy more milk and less bread.
Explanation:
Mrs. Wilson is not taking advantage of the most suitable combination of milk and bread, because Mrs. Simpson is actually spending more on less bread when she could be spending more on even more milk.
This is because the marginal utility per penny spent on bread is 0.80 and the marginal utility per penny spent on milk is 0.875.
Determination because she is always working to be better
Answer: Positive externality
Explanation: Positive externality is the concept in which the service produced and the consumption of that service will provide benefit a third party who is not a part of the process.
While producing fertilizer , it is providing a unintentional benefit to the community surrounding(third party) by keeping the insects away through exerting gases so that they don't cause insect bites or other problem.
Other options are incorrect because negative externalities are negative consequences face by the third party in a process. Comparative externality is related with comparison and pecuniary externality is increment or decrement in market price of service by action of economic actor .
Answer:
consumers
Explanation:
Supply is the total amount of a good or service that is available to consumers.
Supply refers to the quantity of products or services which a producer is willing to sell or offer its customers at a given price level at a particular point in time. Supply is positively related to the prices given because at higher prices, there is an incentive to supply more as higher prices may cause revenue and profits to increase.
The Incas had a centrally planned economy, perhaps the most successful ever seen. Its success was in the efficient management of labor and the administration of resources they collected as tribute. Economic exchanges were made using the barter system by which people traded with each other for things they needed.
