Utility is widely used in economic science to explain how consumers or decision makers make their choices in the best way.
Even if it is not possible to measure the utility that a consumer attributes to a specific good, the theory seeks to compare and classify the alternatives of choice to the good. Is not possible because the consumers have their own parameters and specifics to choose a good.
Answer: The term was first used in this way by the pioneer English Anthropologist Edward B. Tylor
Explanation: In his book, Primitive Culture, published in 1871. Since Tylor's time, the concept of culture has become the central focus of anthropology.
The Revolution established the U.S.-Quebec boundary. Patriots and Loyalists separated.
Despite Canada's resistance to the U.S., products and ideas moved freely.
This is further explained below.
<h3>What is revolutionary success?</h3>
Generally, To begin, the American Revolution won freedom for the United States of America by freeing them from the control of Great Britain and severing them from the rest of the British Empire.
In conclusion, A international boundary between the United States of America and Quebec was established as a result of the Revolution. On one side, the loyalists remained, while the patriots held their ground on the other.
Despite the fact that Canada has always identified itself in contrast to the United States, there was a free movement of both products and ideas over the border.
Read more about revolutionary success
brainly.com/question/15319863
#SPJ1
Answer:
What happens in this scenario is that the cross price elasticity of demand of the Levono computer is -10.36
Explanation:
To find the answer, we need to use the cross price elasticity of demand (CPED) formula:
CPED = % Δ in quantity demanded of Levono / % Δ in price of Samsung
Here, "Δ" is the the Greek letter "Delta", which is used in math to denote change.
However, we first need to find the change in quantity demanded for the Levono. To find it, we use the price elasticity of demand (PED) formula:
PED = % Δ in quantity demanded / % Δ in price
-12.64 = % Δ in quantity demanded / 0.09
% Δ in quantity demanded = -1.14
Now, we go back to the CPED formula, plug the correct amounts, and solve:
CPED = % Δ in quantity demanded of Levono / % Δ in price of Samsung
CPED = -1.14 / 0.11
CPED = -10.36
Answer: Natural increase overtime
Truss me
on
ma
mama
im rite