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harkovskaia [24]
3 years ago
15

What do the income effect, the substitution effect, and diminishing marginal utility have in common?

Business
1 answer:
Sveta_85 [38]3 years ago
3 0

Answer:

They all help explain the downsloping demand curve

Explanation:

The options to the question wasn't provided. The complete question can be in the attached image.

The demand curve slopes downward from left to right. This indicates that the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

Income effect is a change in quantity demanded when real income change. Quantity demanded increases when real income increases and decreases when real income falls.

Substitution effect says that consumers would substituite to the consumption of a cheaper good when the price of a good originally consumed increases.

Diminishing marginal utility states that as consumption increases, utility derived from consumption falls and quantity demanded falls.

I hope my answer helps you

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A capital gain on a stock is counted as part of the total return whether or not the gain is realized from selling the stock: True.

<h3>What is a Stock?</h3>

A stock is fractional ownership of equity in a company. Stock consists of all the ownership of an organization that is divided among members who acquire it. It is also an investment that represents ownership in a company.

In the case of a capital gain on a stock, it is counted as part of the total return whether or not the gain is realized from selling the stock. So this statement is True because the gain is also counted no matter the outcome of the stock.

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A document certifying ownership of part of a corporation is a
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Answer:

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Explanation:

Detailed solution is given below

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