All categories

4 years ago

Consumers’ willingness to pay depends on what income and prices of related goods.

2 answers:

4 0

Based on the given description above, the answer for this would be the term DEMAND. Demand is defined as the consumers' willingness to pay depends on what income and prices of related goods. Hope this is the answer that you are looking for. Have a great day ahead!

GenaCL600 [577]4 years ago

3 0

Answer:

Consumers willingness to pay depends on the following - preference of customers; income and price of related goods.

The consumer will always pay if he wants to pay that means it depends on his preference. Secondly, the consumer will not pay out of his pocket limit that means he will pay according to his income. And also if the price of the related good is as per his limit.

You might be interested in

Please answer fast!!

jeyben [28]

Answer:

x=70

Step-by-step explanation:

$2x + 1 = 141 \\ 2x = 140 \\ x = 70$

5 0

3 years ago

Read 2 more answers

Your family spent less than 150 dollars on groceries. what is the inequality for this ?

Cerrena [4.2K]

Answer:

x<150

Step-by-step explanation:

The amount of money (x) is less than 150 dollars

6 0

3 years ago

Evaluate f(x) = 2x at x = 5. A) 32 B) 10 C) 64 D) 25

Andrews [41]

Answer:

the answer is B)

Step-by-step explanation:

if x = 5

f(x) = 2 x 5

f(x) = 10

so the answer is 10

4 0

4 years ago

Read 2 more answers

You received a $100 gift certificate to a clothing store. The store sells T-shirts for $15 and dress shirts for $22. You want to

Andreas93 [3]

Answer:

0 T, 4 D

1 T, 3 D

2T, 3D

3T, 2D

4T, 1D

5T, 1D

Step-by-step explanation:

So let's start with what we know!

Gift certificate = $100

T-shirts = $15 each

Dress shirts = $22 each

You need to buy at least one dress shirt in the process and at least spend $90

You can simply find the combinations by going in desmos and writing in:

15x + 22y <= 100

y > 1

15x + 22y >= 90

Find the combinations by looking at the integer values of x, and using only the integer values of y ( do not round them, just cut them down to the integer). Look where all the regions are shaded

The possible combinations are as follows

Note: I am going to initial t-shirts to T and dress shirts to D

0 T, 4 D

1 T, 3 D

2T, 3D

3T, 2D

4T, 1D

5T, 1D

Your welcome for the answer! If you have any questions, let me know in the comments section! If you could mark this answer as the brainliest, I would greatly appreciate it!

7 0

3 years ago

Best Cup in Town sells two different types of coffee beans. The more expensive one (x) sells for $10 per pound, and the cheaper

ira [324]

Option A

The system of equations are x + y = 40 and 10x + 7y = 360

Solution:

Let pounds of expensive coffee beans be x

Let pounds of cheaper coffee bean be y

Cost of 1 pound of expensive coffee bean = $ 10

Cost of 1 pound of cheaper coffee bean = $ 7

The shop also sells a 40 pound mixture of the two kinds of coffee beans

pounds of expensive coffee beans + pounds of cheaper coffee bean = 40

x + y = 40 ------ eqn 1

The shop also sells a 40 pound mixture of the two kinds of coffee beans for $9 per pound

pounds of expensive coffee beans x Cost of 1 pound of expensive coffee bean + pounds of cheaper coffee bean x Cost of 1 pound of cheaper coffee bean = 40 pound mixture x $ 9

$x \times 10 + y \times 7 = 40 \times 9$

10x + 7y = 360 --------- eqn 2

Thus the system of equations are x + y = 40 and 10x + 7y = 360

Thus option A is correct

8 0

3 years ago