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jasenka [17]
3 years ago
13

If a family spends its entire budget in a given time frame, the family can afford either 90 cans of vegetables or 60 frozen pizz

as. Assuming the family spends its entire budget on just these two goods, what is the opportunity cost of one can of vegetables in the time frame
Business
1 answer:
Alborosie3 years ago
4 0

Answer:

60 frozen dinners is better

Explanation:

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An electric power company uses block pricing for electricity sales. block pricing is an example of?
mario62 [17]

Answer:

Second-degree price discrimination.

<h3>Explanation:</h3>
  • Second-degree price discrimination occurs when a company charges a different price for different quantities consumed, such as quantity discounts on bulk purchases.
  • It involves pricing goods and services in such a way that it drums up demand and consumption.
  • There are various degrees of this strategy, notably first-, second-, and third-degree price discrimination.

To learn more about second-degree price discrimination, refer

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The ________ holds that an individual should never do anything that is not honest, open, and truthful and that he or she would n
mars1129 [50]
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2 years ago
After a tax is imposed on the market for bottled water, the price buyers pay is $2.50 per bottle and the price sellers receive i
N76 [4]

The balance of the price in the market is determined by demand and supply, which are measured in terms of the price and quantity variables; When a tax is placed on a product, a change in the market equilibrium is generated, since buyers pay more and sellers receive less.

Thus, a tax causes the supply curve to move up and the demand curve to move down.

In order to know how the tax burden is distributed, the incidence is measured through the elasticity of the supply and demand curve, which measures the sensitivity of the quantity, demanded or offered, of products before a price change.

When the supply curve is more elastic than the demand curve, the impact of the tax is stronger for consumers, as the prices paid by consumers increase more than the price that sellers receive decreases.

Answer

It can be concluded about the elasticity of demand and supply prices that <em>supply is more elastic than demand</em>

3 0
3 years ago
4. under rule utilitarianism the notion that if an action increases utility at one particular
Rina8888 [55]

Answer:

Moral decision

Explanation:

Utilitarianism is the notion of ethics that is an action is considered good if it results in the greatest good of all the others. It considers the single action and decided on that basis whether the certain thing is right or wrong. The utility increases at one particular action and when the other action arrives its utility diminishes. It does not show the moral decision that has been taken for the other reasons.

4 0
3 years ago
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