Answer:
B. The concept of utility.
Explanation:
Utility in economics refers to the amount of satisfaction that a consumer derives from consuming units of a commodity at a particular point in time.
The concept of utility is based on the assumption that the consumer is rational in the sense that he or she aims at maximising utility with limited income.
Also , marginal utility diminishes as a consumer consumes additional units of a commodity.
The correct choice is B
The Renaissance let to both the <u>rebirth</u> and the <u>rediscovery </u>of classical philosophy, literature and art.
The Renaissance was a fervent period of European cultural, artistic, political and economic rebirth following the Middle Ages. Generally described as taking place from the 14th century to the 17th century, the Renaissance promoted the rediscovery of classical philosophy, literature and art.
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What impact did the Renaissance have?</h3>
- As the populace grew wealthier, trade, travel, and the dissemination of new ideas all increased.
- Additionally, the increase in income sparked interest in education, aided the growth of the arts, and encouraged scientific advancements and new innovations.
- Art, science, and culture underwent a new transformation throughout the Renaissance.
- At first, the rediscovery of classical philosophy, literature, and art, as well as the new discoveries in travel, invention, and style, altered the way the citizens thought. is a time period in European history that spans the 15th and 16th centuries and marks the transition from the Middle Ages to modernity.
- It is defined by a desire to resurrect and outdo concepts and accomplishments from classical antiquity. It followed the Late Middle Ages Crisis and was marked by significant societal change.
To learn more about Renaissance, click the links.
brainly.com/question/17646820
brainly.com/question/13577111
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Answer:
The New Jersey Plan
Explanation:
The New Jersey Plan was an alternative plan to the Virginia plan.
It was originated from William Paterson in 1787. Also known as the small state plan, this plan was meant to bring the "one-vote per state" under one body as opposed to the Virginia plan which proposed two congresses and good apportionment, and was rejected.
