I think that the answer is A but i have no clue i’m so sorry :(
Answer:
The law of diminishing marginal utility
Explanation:
Simply put, as more (additional unit) of a good is consumed the lesser the marginal utility or satisfaction derived.
For example, a child might request a certain type of chocolate form his parents for a period of time.
After sometime, the child may buy less and choose another type of chocolate or prefer to buy cake instead because the satisfaction he initially got from the chocolate is diminishing.
The price must be greater than the equilibrium price, causing excess supply
Answer:
<u>comparing their options without having to physically visit several retail stores.</u>
Explanation:
Cross-channel shoppers are consumers that research products online but then they buy them personally from a brick-and-mortar retail store. According to some researches, in the US, up to 51% of online consumer are cross-channel shoppers. The main reason for this is because they don't want to wait for the products to be delivered to them.
Using fiscal policy to stabilise the economy is difficult because there are time lags involved in the use of fiscal policy.
Explanation:
Tax policy applies to the implementation of government spending and tax measures, including competition for goods and services, wages, inflation and economic development to affect the dynamics of the economy.
Taxes policy is decisions of the government on investment and taxes. When a government wants to promote economic growth, spending on goods and services must increase. The need for goods and services would then increase. A reduction in government expenditure would reduce the economy's total demand.
