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
lara [203]
3 years ago
15

In autarky, when a country maximizes its utility, its consumption point is(a)below the production possibility frontier.(b)on the

production possibility frontier.(c)above the production possibility frontier.(d)cannot tell without more information.
Business
1 answer:
Georgia [21]3 years ago
7 0

Answer:

(d)cannot tell without more information.

Explanation:

Autarkic economy is a self reliant economy, consuming entirely from its own production.

An autarkic economy maximises its utility when : Its PPF & Social Indifference Curve are tangent to each other.

  • PPF is sort of a budget constraint to economy, because it denotes maximum production potential with given resources & technology.
  • Social Indifference Curve is the curve denoting product combinations yielding same level of social satisfaction.

Their tangency gives utility maximising point with the available resources & technology.

Other options are inapt because: Production on PPF is a necessary but not sufficient condition for social utility maximisation (tangency also needed). Production under PPF reflects under utilisation of resources, cant be utility maximising. Production above PPF is unattainable.

You might be interested in
The stated interest payment, in dollars, made on a bond each period is called the bond's?
kipiarov [429]

The stated interest payment, in dollars, made on a bond each period is called the bond's <u>Coupon.</u>

Payment is the act of giving or being paid money to someone. He tried to get paid for the amount owed to him. [ + of ] [Also + of] Synonyms: Claim, Payment, Relief, Display Synonyms for payment.

For TDS payments, the relevant payment type is defined by the department along with the relevant tax rate, section, payment code, and threshold. When creating a TDS payment type, you can press Ctrl+C and select the required payment type.

A payment method is how a customer pays for a product or service. Physical stores accept payment methods such as cash, gift cards, credit cards, prepaid cards, debit cards, and mobile payments.

Learn more about Payment here brainly.com/question/2151013

#SPJ4

4 0
1 year ago
Goods are typically tangible while ____ are typically intangible
Firlakuza [10]
Services are typically intangible.

8 0
3 years ago
What quickbooks task stores information about customers, vendors, employees, services, and more?
Rufina [12.5K]

List QuickBooks task stores information about customers, vendors, employees, services, and more.

vendors:

  • A vendor, sometimes referred to as a supplier, is a person or business that sells goods or services to another party in the chain of economic production.
  • A vendor is an individual or company that buys products and services from distributors and resells them to customers or other companies. Manufacturers, wholesalers, retailers, service and maintenance companies, independent vendors, and trade show representatives make up the five different categories of vendors.
  • A vendor is a person, group of people, or other legal entity who produces things or sells services to customers or other business owners (often under a business name). The vendor is not need to be a manufacturer and need not produce their own items.

Learn more about vendors here brainly.com/question/24852211

#SPJ4

8 0
1 year ago
________ is/are changes in products, services, or processes that radically change an industry's rules of the game.
sashaice [31]
Disruptive innovation are changes in products, services or processes that radically change an industry's rules of the game.  By doing this, they are able to create a new market or change the value to an existing market. The disrupt the existing market and value by improving products or services. 
7 0
3 years ago
Because services are __________, it is often difficult for marketers to convey the benefits to consumers.
muminat

Because the services are intangible, it is often difficult for the marketers to convey benefits to consumers.

<h3>Who is a marketer?</h3>

A marketer is someone who advertises the goods and services of an organization. They identify the tactics that can increase revenue and sales while making sure that these tactics are in line with both customer and market need. Now that we are aware of what a marketer is, let's examine their function. Let's first examine the function that a marketer does before delving into the importance of marketing for firms. The financial success of any firm can be determined by the marketer's ability to sell. They make sure that the goods and services are promoted effectively enough to sustain demand. Long-term brand equity and improved consumer experiences are enhanced by imaginative and creative marketers.

To learn more about marketing. visit

brainly.com/question/13414268

#SPJ4

5 0
1 year ago
Other questions:
  • Country X has currency C1 and Country Y has currency C2. The nominal exchange rate C2/C1 and GDP deflator P for Country X and P*
    12·1 answer
  • Suppose the price of Twinkies is reduced from $1.45 to $1.25 and, as a result, the quantity of Twinkies demanded increases from
    10·2 answers
  • Assume that the market is originally in equilibrium. Now suppose that this product gains a sudden popularity among consumers. Ho
    7·1 answer
  • Applying the time-period concept
    11·1 answer
  • true or false all companies will have at least one accounted titled building in their list of accounts
    9·1 answer
  • Ben Collins plans to buy a house for $188,000. If the real estate in his area is expected to increase in value by 3 percent each
    5·1 answer
  • 11. Write down the importance of marketing mix?<br>बजारशास्त्र सम्मिश्रणको महत्त्व लेख्नुहोस्<br>।​
    13·1 answer
  • Building Big Box is a home improvement store based in Kansas and has been responsible for introducing some of the most innovativ
    10·1 answer
  • In a perfectly competitive market, a. every seller tries to undercut the prices charged by its rivals. b. every seller takes the
    12·1 answer
  • if people demand more netflix subscriptions when the price of hulu subscriptions falls, then netflix and hulu are:
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!