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Marrrta [24]
3 years ago
13

Economists measure the personal satisfaction someone gets from consuming goods and services with the concept of

Business
1 answer:
KiRa [710]3 years ago
6 0
Economists measure the personal satisfaction derived from consuming goods and services with the concept of UTILITY. Utility refers to the total satisfaction derived from consuming a good or service. The utility of a good or service has direct influence on demand  and therefore price of that product.
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By the fourth quarter of 2015, U.S. households had accumulated $12.5 trillion in housing equity, which represents about 14 perce
Sloan [31]

Answer:

correct option is d. two-thirds

Explanation:

given data

accumulated =  $12.5 trillion

net worth = 14 percent

solution

here as per  statistical data of 4th quarter in year 2015,

that required holding is two third of having home.

and Accumulated equity indicate the demand for housing in the country

so here 1 - \frac{2}{3} =  \frac{1}{3} rd left out

it is assumed that they should get home at the beginning of 2015 (in the 1st quarter)

so correct option is  d. two-thirds

7 0
3 years ago
In the short run a) a firm does not have sufficient time to change any of the resources it uses. b) a firm does not have suffici
timama [110]

Answer:

c) a firm does not have sufficient time to change the level of use some of its inputs.

Explanation:

The definition of short-run in economics is not a term to be used for a specific certain period of time but it means that the period of time is too short that the firms cannot change the level they are using of some of their inputs or costs. It means they do have fixed costs they cannot change. For example, all machinery installed, a yearly rent paid, electricity or others that the firm cannot change unless there is sufficient time. In a short period of time, it will have those costs anyway. The firm cannot change the level of that input. And it is short run of at least one input. It may be many. But it is not necessary to have all inputs unchanged to consider that period of time as short-run.

However, firms can change level of inputs if they have more time. That is cost the long run. All costs are variable costs when we are in long run.

3 0
3 years ago
Types of Economic Data For each of the following e whether the data are cross-section, time series or panel data. (a) Quarterly
Nitella [24]

Answer:

A. Time series

B. Cross Sectional

C. Panel

D.  Cross Sectional

Explanation:

(a) Quarterly data on the level of U.S. new housing construction from 2000 to 2018, Time series data, numerical

(b) Data on number of doctor visits in 2018 for a sample of 192 individuals. Cross sectional data, numerical

(c) Data on annual health expenditures for each U.S. state from 2000 to 2018. Panel Data, Numerical

(d) Data on usual mode of transportation used to commute to work for a sample of 151 individuals. Categorical

3 0
3 years ago
The money paid to corporate investors in return for their investment is called _______.
Andrej [43]
It's called dividend. It's their share of the profit
8 0
3 years ago
When an individual goes to a supermarket and selects a box of cereal from several choices of type, brand, and size, it is an exa
Sidana [21]

Intermediaries are often known as individuals who are known to be a link in the distribution process. They connect the various channel partners.

When an individual goes to a supermarket and selects a box of cereal from several choices of type, brand, and size, it is an example of the value of marketing intermediaries who provide an assortment.

There are four types of intermediary. They are

  1. Agents
  2. Wholesalers
  3. Distributor, and
  4. Retailers.

An organization often has many intermediaries in its distribution channel as they want.

Conclusively, amidst the types of intermediaries, helps provide several alternative to humans, so that we can choose base on our preference.

Learn more from

brainly.com/question/9727245

6 0
3 years ago
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