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Kamila [148]
3 years ago
15

A consumer equilibrium is a situation in which a consumer has allocated​ _____ of her income in a way that​ _____. A. ​all; maxi

mizes her marginal utility B. ​all; maximizes her total utility C. ​some; lowers her household budget D. ​some; increases her marginal utility
Business
2 answers:
Alja [10]3 years ago
4 0

Answer:

B) ​All; maximizes her total utility

Explanation:

A consumer is said to be at equilibrium in a situation where he/she spends all  his income in order to maximize utility(satisfaction) derive from a given goods and services. Equilibrium is that state where the money a person spends or allocate on goods and services equal the satisfaction a person derives spending that good. it has to be equal to be at an equilibrium state.

ludmilkaskok [199]3 years ago
3 0

Answer:

The correct answer is (D) all, maximizes her total utility.

Explanation:

Consumer's equilibrium is a defined as a situation in which an individual uses his or her money to buy goods in a manner in which the person obtains the highest satisfaction and has no need for a change in the level of consumption on account of the price of the product.

Consumer equilibrum enables an individual to obtain complete satisfaction from his or her money. Consumer equilibrum is found by comparing the ratio of the marginal utility to the price of a commodity.

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Answer:

The correct answer is The EPA requires the use of precise forms called? It is a requirement for those working with or owners of transporters and generators of waste materials deemed hazardous to acquire an EPA form 8700-22 called the uniform hazardous waste manifest.

Explanation:

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3 years ago
What is a way to protect your social security number and other sensitive information from identity theft
yuradex [85]
<span>Change online account passwords frequently and your SS just lock in a safe so no one can access the number but you</span>
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3 years ago
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Wilma is a salesperson with Broker Fred. Wilma arranges for a listing with a seller. When Fred accepts the listing, a contract a
bazaltina [42]

The relationship between Wilma and the seller is called a sub-agent relationship

<h3>What is a sub-agent relationship?</h3>

A sub-agent relationship happens when the agent or broker brings a buyer to purchase a property from him whereaS he is not the property's listing agent.

In conclusion, the relationship between Wilma and the seller is called a sub-agent relationship

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5 0
2 years ago
Which of the following are the characteristics of a competitive market? (Check all that apply.)
kakasveta [241]

A competitive market refers to a market where there is no monopoly of producers of goods and services, therefore, competition is high because they all have mission to satisfy the wants of a large consumers.

The characteristics of a competitive market are:

  • Homogeneity of product: The product are made by different producers and encourages competition.
  • There are existence of many buyers and sellers in the market.
  • There is an access to derive perfect information on price of a product at any outlet in the market.
  • There are no charges for transaction costs in a competitive market
  • No barriers to entry into or exit.

In conclusion, there is no producers which can affect the market price through its supplying rate because there are excess supply of similar product in the market.

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2 years ago
What is the typical time frame for decisions at the strategic level? multiple choice day-to-day monthly yearly none of the answe
antiseptic1488 [7]

The typical time frame for decisions at the strategic level is a strategic decision.

The strategic level makes a specialty of defining and assisting countrywide policy and relates immediately to the outcome of a war or other battle as an entire. generally, cutting-edge wars and conflicts are gained or lost at this level in place of at the operational or tactical levels.

Strategy can be formulated at three degrees, particularly, at the company level, the business level, and the functional degree. at the company degree, strategy is formulated for your organization as a whole. The corporate method offers decisions associated with various enterprise regions in which the firm operates and competes.

As an example, constructing on the diversification instance, the purposeful level strategies that aid that commercial enterprise stage method is probably: R&D: redesign product. advertising: put into effect a new advertising plan. manufacturing: Make adjustments to present infrastructure.

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