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
iris [78.8K]
3 years ago
15

When policymakers are considering a particular action, they can use consumer surplus as a(n) A. objective measure of the benefit

s to buyers as determined by policymakers. B. measure of the benefits to buyers as the buyers perceive them. C. potentially flawed measure of the benefits to buyers if the buyers are not rational. D. Both b) and c) are correct.
Law
1 answer:
kramer3 years ago
6 0

Answer:

D. Both b) and c) are correct.

Explanation:

Consumer surplus is the difference between the total profit we get from service and its market price. This means that the first unit to acquire we value it highly but as we acquire additional units our valuation falls. However, the price we pay for any unit is always the same.

Thanks for your question!

You might be interested in
Analyse how the rule of law acts as a check on parliamentary soveriegnty
ss7ja [257]

Explanation:

The United Kingdom (UK) constitution, being an unwritten one, relies on its Parliamentary sovereignty and rule of law to retain its authority in governing its four counterparts, namely England, Wales, Scotland and Northern Ireland. A constitution would provide for the establishment of various institutions of the State, regulation of relations between each institution and relations between the institutions and the citizens. The doctrine of separation of power is then introduced to regulate the constitution for more efficient check and balance of the governing minority. Aforementioned concept is particularly unique in the unwritten nature of the UK constitution as powers of each institution, the Executive, Legislature and Judiciary, are not codified nor listed on a tangible code of document that separation of power is diluted with a series of shared powers between each institution. Bound by conventions and ministerial responsibilities, coupled with recent reforms done to the UK constitution, occurrence of events involving an institution empowering over another is minimal albeit not having strict separation of powers.

5 0
3 years ago
If the Mortgage/Deed of Trust contains the phrase “See Exhibit A” in the section of the document containing the property’s legal
irakobra [83]

Exhibit A is a placeholder who will enter later, according to property's legal description.

Explanation:

An exhibit is referred to as the important information that is attached at the end of the document, so that reader can gain a proper information regarding the document. When an exhibit is being attached in a contract , it is mainly known as the body . An exhibit is always authentic in nature. When someone is attaching an exhibit, he or she must explain the jury why he or she is doing so.

7 0
3 years ago
DRIVERS ED : Identify four different paths of travel available to drivers entering roundabout
Dennis_Churaev [7]

Answer: Yield to drivers in already in the roundabout (on the circulating roadway) Stay in your lane; do not change lanes; Do not stop in the roundabout; Avoid driving next to oversize vehicles.

Explanation:

Hope This Helps

TeenTailor

5 0
2 years ago
Why study crime and criminal justice?
Soloha48 [4]
To learn how crime affects society
5 0
2 years ago
Jamie Lee and Ross are now having the attorney draw up a will for each of them. What is the purpose of having a will
DENIUS [597]

Answer:

the purpose of a will is so you can give you recent belongings and money to you family and friends.

Explanation:

8 0
2 years ago
Other questions:
  • Which form of government can make the fastest desisions
    11·1 answer
  • Facts on karsales v wallis case​
    14·1 answer
  • The term “corrections” was introduced to describe prisons in what decade?
    14·1 answer
  • What is the speed limit in an alley?
    8·2 answers
  • A victim of a robbery is describing the suspect to you. The victim tells you the robber was holding a “38 special” handgun. Expl
    5·1 answer
  • Which of the following is not a consequence of careless driving?
    11·2 answers
  • The chart above outlines the relationships central to a social contract. The Declaration of Independence was an action best desc
    14·2 answers
  • To demonstrate competency, a witness testifying must be an individual with
    7·1 answer
  • Police officer placing sign outside a rail station that says 'Waiting Room for White Only.'
    11·2 answers
  • Agencies develop what<br> from legislative guidelines.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!