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
leonid [27]
3 years ago
5

Because successive units of a good produce less and less additional satisfaction, the price must fall to encourage a buyer to pu

rchase more units of the good. This statement is most consistent with which explanation for the law of demand?
A) the rationing function of prices
B) diminishing marginal utility
C) the substitution effect
D) the income effect
Business
1 answer:
Elina [12.6K]3 years ago
5 0

Answer:

B) diminishing marginal utility

Explanation:

Based on the information provided within the question it can be said that the statement is most consistent with the explanation of diminishing marginal utility. This is because this law states that the marginal utility of a good/service falls as supply increases. Thus encouraging buyers to purchase more until supply falls and prices increase.

You might be interested in
Spencer wants to choose a career path that wouldn’t hold him to an office or laboratory. Which of the following career paths wou
elena-14-01-66 [18.8K]
If he doesn't want to sit in an office or a laboratory, he could study teaching. Either deal with early education, or study something like languages or history or geography and either deal with working in the field, or with teaching others in the classroom. The possibilities are endless.<span />
6 0
3 years ago
Which of the following parties to an option contract on a company's shares is obligated to buy shares at the option exercise pri
SashulF [63]

Answer:

Option B (Put seller) is the appropriate alternative.

Explanation:

  • Put seller relates to the practice including its opportunity to then be implemented. That whenever a put application is approved, this same writer typically takes the equality of opportunity at either the strike amount from the lengthy put grabber.
  • Writing possibilities seems to be an opportunity for investors. That being said, the earnings from composing the given opportunity would be constrained to either the premium, although the put buyer could keep going to create revenue or gains until another inventory would be zero.

Some other three situations do not relate to either the type of situation in question. So there is one that is the appropriate one.

4 0
3 years ago
Ruth runs a bread store. Her store's supply is highly elastic. What will Ruth do when the price of bread falls?
I am Lyosha [343]

Answer:

D

Explanation:

If there is more bread for a low price more people will come.

I did this before.

P.S.S Please press the crown if you will.

5 0
3 years ago
At the end of the 2020 fiscal year the General Fund had $500 in encumbrances that remained opened into fiscal year 2021. In 2021
Nata [24]

Answer:

B) $20

Explanation:

Calculation for how much that would be recorded as the 2021 expenditure

Using this formula

Expenditure =Invoiced cost-General fund

Let plug in the formula

Expenditure =$520-$500

Expenditure =$20

Therefore the amount that would be recorded as the 2021 expenditure will be $20

8 0
3 years ago
In the current year, Ellen sold investment stock that she had owned for five years. The sale generated a loss of $5,000. Assumin
Harrizon [31]

Answer:

Thecoreect answer is

Ellen can deduct $3,000 for AGI

good luck

6 0
3 years ago
Other questions:
  • Mary wants to help pay for beth's education(her granddaughter). she has decided to pay for  half of the tuition costs, which are
    6·1 answer
  • Out of 150 math students, 86% passed. how many students passed math class?
    6·2 answers
  • Which Act is the amended from of the Consumer Credit Protection Act?
    8·1 answer
  • Conventional wisdom says one should measure a manager's investment performance over an entire market cycle. What arguments suppo
    15·1 answer
  • Consider a corrupt provincial government in which each housing inspector examines two newly built structures each week. All the
    8·1 answer
  • A residential property is greatly diminished in value because of the constant noise of jets taking off from a recently expanded
    6·1 answer
  • In an open economy, gross domestic product equals $1,970 billion, government expenditure equals $300 billion, investment equals
    10·1 answer
  • Suppose two companies own adjacent oil fields. Under the two fields is a common pool of oil worth $60 million. For each well tha
    5·1 answer
  • Frictional unemployment is inevitable because: Please choose the correct answer from the following choices, and then select the
    5·1 answer
  • Mark, a project manager for a bottling company, has a $500,000 budget. As of today's date, $100,000 has been spent on the projec
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!