Answer:
households act in their own best interests.
Explanation:
Economic Decision-Makers includes the Households, Firms, Governments, and the Rest of the World. Economic decision-making is the means or process of selecting which needs and wants that should be satisfied. The factors that determines what is produced are Resources available and consumer preferences and the factors that determines what is purchased are consumer preference and price.
The Households demand for goods and services will lead to what the industries produces. Households are seen as rational because they try to act in their upmost best interests and not what will make them sad.Utility maximization is dependent on household's subjective goals.
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
The correct answer to the following question is option A) $0
Explanation:
Given information -
House bought 15 years ago by Jerry at - $60,000
Jerry and her wife Debbie sold the house for - $340,000
The realized gain for Jerry and Debbie on the sale of house - $280,000 ( $340,000 - $60,000 )
Jerry and Debbie wants to file joint tax return , and they are allowed an exclusion up to $500,000. Which means if the amount of gain doesn't exceed $500,000, then they won't have to pay tax on this gain.
Answer:
I'm pretty sure you should choose choices
B) more people start drinking orange juice for breakfast.
D) a new study suggests that orange juice is good for healthy bones.
