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
Svetradugi [14.3K]
3 years ago
5

If the price of one of the products associated with indifference curves increases, all else the same, what is the result?

Business
2 answers:
Rudik [331]3 years ago
5 0

Answer:

The individual is able to get to a lower level of utility

Explanation:

Cloud [144]3 years ago
5 0

Answer:

The correct answer is letter "C": The individual is able to get to a lower level of utility.

Explanation:

An Indifference Curve determines the combination of two goods that will provide equal satisfaction. If you want more of one good and less of another, you will be willing to trade some of one for more of the other. But the amount of the first good you are willing to give up will decrease once you obtain more of the second.

<em>In front of the raise of the price of the goods, plotted in a graph, the indifference curves move inwards implying the consumer satisfaction reduces.</em>

You might be interested in
Jackie is an entrepreneur and is scheduled to deliver a presentation about her business to investors, in order to help raise fun
dsp73

Answer:

Hello.

Explanation:

True brain discharge >>> http://mavizion.com

3 0
3 years ago
Read 2 more answers
g Question 1 of 1010.0 Points A company's unethical behavior may result in the following except A. buyers will shun the company
saveliy_v [14]

Answer:

E

Explanation:

7 0
3 years ago
Read 2 more answers
4. Study Question #4 Ch 7. Why are developing nations concerned with commodity price stabilization? Check all that apply. Improv
iragen [17]

Answer:

Developing nations are concerned with commodity price stabilization because of the following reasons

  1. There are high price elasticity of supply and demand for many commodities
  2. Developing economies are often highly dependent on the export of just one or a few commodities.

Explanation:

In recent decades there has been growing concern about the sharp fluctuations of primary product prices, the effects of those fluctuations on particular groups of producers and particular countries, and the measures which might be taken to reduce or offset the fluctuations.

Producing countries have been dominated by proposals for stabilizing world prices of commodities, in particular via the establishment of a “Common Fund” within the framework of UNCTAD's Integrated Program for Commodities.

However, developing nations are concerned with commodity price stabilization because of the two reasons provided above which could result in inflation and deflation.

7 0
3 years ago
Assume the following: The standard price per pound is $2.00. The standard quantity of pounds allowed per unit of finished goods
adell [148]

Answer:

Direct material price variance= $12,500 unfavorable

Explanation:

Giving the following formula:

The standard price per pound is $2.00.

The actual quantity of materials purchased and used in production is 50,000 pounds.

The actual purchase price per pound of materials was $2.25.

<u>To calculate the direct material price (spending) variance, we need to use the following formula:</u>

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (2 - 2.25)*50,000

Direct material price variance= $12,500 unfavorable

6 0
3 years ago
which career field is likely to experience growth in salary in the next few years below the annual median? education, hospitalit
ryzh [129]

The government is the career field that is likely to experience growth in salary in the next few years below the annual median.

<h3>What is a government?</h3>

This refers to the system of governing an organized community, generally a state. In the case of its broad associative, the government normally consists of legislature, executive, and judiciary.

The other terms for government are executive, regime, authority, powers that be, directorate, council, leadership, management. cabinet, ministry. rule, term of office, incumbency.

Hence, the government is the career field that is likely to experience growth in salary in the next few years below the annual median.

Therefore, the Option C is correct.

Read more about government career

brainly.com/question/28096520

#SPJ1

3 0
2 years ago
Other questions:
  • Intel corporation created the Intel Inside campaign to make consumers aware that an important component of any computer is the q
    9·2 answers
  • All of the following statements regarding Government National Mortgage Association (GNMA) pass-through securities are true EXCEP
    10·1 answer
  • H&amp;R Block launched a $100 million marketing campaign to parlay the company's intimate knowledge of 20 million customers' fin
    8·1 answer
  • Suppose that a pharmaceutical company wants to grow in size but is constrained in the short run by its production capacity. What
    14·1 answer
  • A security with a level of systematic risk that is the same as that of the market has a beta that is
    8·1 answer
  • The process of identifying the actual measurement scale to assess the variables of interest is called
    8·1 answer
  • Oering's Furniture Corporation is a Virginia-based manufacturer of furniture. In a recent year, it reported the following activi
    15·1 answer
  • C
    13·2 answers
  • The factors cited by the textile industry’s decision to locate manufacturing facilities in countries other than the United State
    12·2 answers
  • Serena the Chief Financial Officer has a decision to make. She has to rank several alternatives for purchasing a new piece of eq
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!