The decision-making process followed by consumers to maximize utility assumes that the consumer has a limited income, the consumer is able to rank their preferences, the consumer behaves rationally.
The term utility used by the economist as a measure of satisfaction, happiness, a joy of a person.
Answer:
Explanation:
check the file attached for full explanation
Answer:
b) cyber fraud
Explanation:
Based on the information provided within the question it seems that this is an example of cyber fraud. This refers to a fraud or deception that is done over the internet with the goal of tricking victims in a variety of different ways in order to steal their money, property or even inheritance. Which is the case in this scenario as Don tricked Eve into providing her U.S. bank account, which he used to gain access and steal all her funds.
Answer: Microeconomics is the study of changes in price in the price of commercial real estate.
Explanation:
Microeconomics is the study of the behavior of individuals, households and firms in making decisions and the allocation of resources. Microeconomics deals with individual issues and applies to the markets of products. In microeconomics, the economy is studied at an individual level. Examples of microeconomics are demand, price level, supply and competition.
Apart from Microeconomics is the study of changes in price in the price of commercial real estate(option A), every other options deals with the economy as a whole. The other options are macroeconomic issues and not microeconomic issues.
