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
slega [8]
3 years ago
15

Jane is a utility-maximizing consumer who is spending her entire budget on the optimal quantity of wallets and eyeglasses. The p

rice of wallets falls. Jane will _____ her consumption of wallets if wallets are a(n) _____ good and the income effect _____ the substitution effect.
a. increase; inferior;
b. is stronger than decrease; inferior;
c. is weaker than decrease; normal;
d. reinforces; increase;
e. normal; reinforces
Social Studies
1 answer:
skad [1K]3 years ago
7 0

Answer:

There is a missing part of the answer in all the options as there are three spaces to fill and only two part of the answers are provided in all the options.

Hence the correct answer would be ---

increase; normal; reinforces      

which may be considered as answer option e). normal; reinforces where 'increase' is missing.

Explanation:

              The utility-maximizing model is a model theory of a consumer which shows how consumers try to allocate their income money. It is believe that every customer is a rational being and try to get the optimized value for their money spent. Consumers' resources are limited so that their incomes are also limited. Consumers have budget constraint.

           According to the Utility Maximization theory, every consumers try to decide to spend their incomes so that the last pie spent on a product  yields an amount which is equal to the extra marginal utility.

           Thus a utility-maximizing consumer, Jane who is spending his income on wallets and eyeglasses will increase the purchased of wallets, when the price of the wall decreases, if the wallets are considered a normal good and the income effect of Jane will reinforces  the substitution effect.

Therefore the answer is ---

increase; normal; reinforces

You might be interested in
Suppose that a magnetic force in a motor was not strong enough to move. Describe how the force could be made stronger so that th
Naddika [18.5K]
<span>If a motor does not turn, the rotor/and or the stator current needs to be increased to increase the magnetic force. Motor damage/or failure is likely if you much exceed the design current for the motor. Options are reduce the torque required by the load and/or replace the motor with one with more starting torque.</span>
6 0
3 years ago
How does the Old Testament describe the Hebrews? What were their live like?<br> PLZ HURRY
laiz [17]

Answer:

The Old Testament describes the Hebrews as the Israelites because they were led by Jacob, who later changed his name to Israel, from the land of Levant to Egypt.

The old testament described the Israelites as people of a specific religion who believe in the God of Abraham.

It also described them as the children of this God.

At some point, they suffered in Egypt during the famine period.

They also spent 40 years in the wilderness after leaving Egypt before they get to their promised land known as Canaan.

Hence, the book of the old testament described the account and lives of the Hebrews at a great length describing them as the people who believe in the God of Abraham.

Source: brainly.com/question/11564720

8 0
2 years ago
James, a social theorist, propagates a theory that establishes a direct link between the wealth a man has and the power he wield
earnstyle [38]
<span>James subscribes to the Cognitive resource theory for explaining family abuse and violence. This theory indicates that a leader needs diverse cognitive resources, such as experience, intelligence, competence, and knowledge, in order to effectively perform the task and face stress. <span>If the person does not have the resources to face the task then the stress levels will increase and the task cannot be affected effectively.
</span></span>
I hope my answer can help you.

3 0
4 years ago
Read 2 more answers
Describe about death​
Rudik [331]

Answer:

Death is the permanent, irreversible cessation of all biological functions that sustain a living organism. The remains of a previously living organism normally begin to decompose shortly after death. Death is an inevitable, universal process that eventually occurs in all living organisms.

7 0
3 years ago
I need help now please
lozanna [386]
I believe the tight answer is B
8 0
3 years ago
Other questions:
  • The social role theory of gender differences suggests that
    13·1 answer
  • In what two ways has congress “added flesh to the bones” of the constitution
    13·2 answers
  • "Kaimana, who is an 8-year-old boy, plays for hours with one toy car, driving it in a circle on the same square of floor. He als
    12·1 answer
  • Describe one norm that you encounter in your own life and discuss what sanctions may be used for obedience or violations of this
    6·1 answer
  • What people really do is considered __________ culture?
    6·1 answer
  • Franklin has been convicted of a misdemeanor. Which of these would he MOST likely have been convicted of committing? Question 6
    5·2 answers
  • HELP tehe
    12·1 answer
  • Please answer giving brainliest !!
    6·1 answer
  • What were some advantages the Europeans had when fighting the Native peoples?
    14·2 answers
  • Which Chinese cuisine is commonly seen in Chinese-American cuisine
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!