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satela [25.4K]
3 years ago
15

If the price of good A​ falls, then when the consumer makes his new​ utility-maximizing choice​ _______. A. the quantity of the

good A consumed will decrease B. the marginal utility from consuming good A will be lower than before C. the marginal utility from all other goods will be lower than before D. the quantity consumed of all other goods will increase
Business
1 answer:
skad [1K]3 years ago
4 0

Answer: Option (B) is correct.

Explanation:

Correct option: The marginal utility from consuming good A will be lower than before.

This due to the law of diminishing marginal utility. When the price of good A falls as result consumer will buy more quantity of good A. But according to the  law of diminishing marginal utility, as the consumers consumes more and more quantity of good, the utility derived from an additional unit goes on diminishing.

Therefore, the marginal utility from consuming good A will be lower than before.

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Other things equal, an increase in productivity will Multiple Choice reduce aggregate supply and increase real output. reduce bo
leva [86]

Answer:

increase both aggregate supply and real output.

Explanation:

A rise in productivity makes it possible for each and every firm to rise the greater amount of output. due to this  aggregate supply will rise which will lead to increase in the real output.

Also the rise in productivity increase the aggregate supply and the AS curve would be shifted to right that rise the real output but reduce the level of the price in the new equilibrium output level

Therefore the above represent the answer  

6 0
3 years ago
Why is it important to be fiscally responsible?
motikmotik
So you can have food, shelter and help your damily
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3 years ago
The buyer notifies the seller in writing of a termination of the contract under the Loan Objection Deadline. What happens to the
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Answer:

The earnest money must be returned to the buyer.

Explanation:

The loan objection deadline sets a specific by which the buyer must present a written notification to the seller stating that he/she will not be able to purchase the property due to problems related to obtaining a mortgage loan (or really any other reason, since only the buyer knows about his/her loan status). After this date, if the buyer cannot secure the mortgage loan and finish the purchase, the earnest money will be lost and must be given to the seller.

5 0
3 years ago
To improve the effectiveness of the marketing control process, the marketing manager should?
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Answer:

The manager for what ever business there in should reach sufficient standards for the clients and to make clients feel good and there actually getting something good out of He/Hers Company.

Explanation:

7 0
2 years ago
Geno's Body Shop had sales revenues and operating costs in 2020 of $740,000 and $570,000, respectively. In 2021, Geno plans to e
Nataliya [291]

Answer:

$214,000

Explanation:

Total Revenues ($740,000 + $103,000) =$843,000

−Total Operating costs ($570,000 + $59,000)

=$629,000

= Total operating profit = $214,000

Therefore Assuming that there are no changes to the existing body shop business, operating profits would be expected to increase during 2021 by $214,000

7 0
3 years ago
Read 2 more answers
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