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
tresset_1 [31]
3 years ago
15

ECONOMICS - What is the 'consumer's problem'?

Business
2 answers:
MrRissso [65]3 years ago
7 0
It is A. the difficulty in maximizing total utility with budget constraints
Anastasy [175]3 years ago
3 0

Answer:

The best answer is "A"

the difficulty in maximizing total utility with budget constraints

Explanation:

The major problem of consumers is that they want to attain a level of satisfaction from a particular goods or services when they knw that it is difficult to reach.

If the demand is more than the supply,the price will be higher therefore there will be less consumption.

The price a consumer is willing to pay for a good depends on the benefit derived by consuming the product and it decreases for each additional unit of consumption.

At the point where total utility is achieved in the goods and services bought, satisfaction received from consuming a given total quantity of that goods is reached.

You might be interested in
Recommend ways in which business can contribute time and effort to advance the well being of others in business context in the f
Alina [70]

<span>1.       </span>Employ a business that caters the needs of people such as owning a gymnasium. That way it improves the quality of life of a person.

<span>2.       </span>Basing on the example above, it does not engage into any harmful practice.

<span>3.       </span>Your decision will depend on increasing the fee of gym users or improving the interior design of your gym

<span>4.       </span><span>It provides support to the employee because they can interact with the gym users and can use the gym too</span>

7 0
3 years ago
Strategic behavior is required to win a presidential election. For each example below, indicate if it is a rule, strategy, or pa
rosijanka [135]

Answer:

The Guidelines for how votes are counted and who can vote is a rule, it is backed up by the constitution as a way of directing the masses.

Choosing to campaign in states with a large number of electoral votes or so called swing states is a strategy, this involves coming up with the best approach or means to win in an election. Going to such states is a big strategy towards securing victory.

Emphasizing different messages to different voter groups is another strategy, this entails telling each of the people things that are their most needs in a bid to convince them to vote for you. It is a strategy that has always worked.

Securing endorsements and large campaign contributions is a payoff, it is an aftermath of popular acceptance by the people.

Limits on sources of fundraising and campaign contributions is a rule established by the states to encourage fair play in the electoral system or process.

Explanation:

see Answer

4 0
3 years ago
What is the difference in having da juice, or having the sauce?
Goryan [66]
Juice is good but i don’t even care what the flavor of it so it was a nice touch it fr sauce poop
6 0
3 years ago
Nguyen, Inc. has received a bid for 15 comma 000 units. The costing estimates show that the average cost per unit for this bid w
8_murik_8 [283]

Answer:

B. $ 12 comma 600 comma 000

Explanation:

15,000 units x $700 cost per unit = 10,500,000 total cost

markup policy for the firm: 20% of total cost

the sales price will be the total cost for the order plus a 20% of that cost as a gross profit margin.

sales price = cost x (1 + 20%)

sales price = total cost x 1.20

sales price = 10,500,000 x 1.2 = 12,600,000

4 0
3 years ago
Using emails to communicate asynchronously is not a good idea for all of the reasons below except ________.
Oliga [24]

Answer:

I believe the answer e. difficulty in finding attachments.

7 0
3 years ago
Other questions:
  • Acme Home Lending offers home equity loans up to 80% of the home value for its customers. If Sally Johnson has a home valued at
    5·1 answer
  • Salty Snacks Inc, markets a fish-shaped cracker. When Tasty Tidbits Inc. begins to sell a similar product, Salty files a suit ag
    12·1 answer
  • Marker Corp. exchanged an old truck for a piece of equipment and cash on January 1st 2019. The truck was purchased at a cost of
    6·1 answer
  • Professional standards are achieved through _____________.
    8·1 answer
  • Devon works as a customer service employee in a retail store. He understands the behaviors and feelings of his customers very we
    7·1 answer
  • For several decades in the late nineteenth​ century, the price level in the United States declined. Was this likely to have help
    10·1 answer
  • If supply and demand both increase then equilibrium price will also increase. True or False
    9·1 answer
  • Quick-as-Lightning, a delivery service, purchased a new delivery truck for $40,000 on January 1, 2019. The truck is expected to
    9·1 answer
  • Voluntary deductions from employee pay can include all of the following: (You may select more than one answer. Single click the
    13·1 answer
  • In a sweezy oligopoly, the profit-maximizing level of output occurs where:_____.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!