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ElenaW [278]
3 years ago
11

Suppose a consumer is trying to decide how much to spend on foodfood and how much to spend on all other ​(non-foodfood​) consump

tion. The economic model of consumer behavior predicts that the consumer will
A. choose the combination of foodfood and ​non-foodfood consumption that makes her as well off as possible from among the combinations of foodfood and ​non-foodfood items she can afford.
B. consume any combination of foodfood and ​non-foodfood consumption from among the combinations of foodfood and ​non-foodfood items she can afford.
C. consume an infinite amount of foodfood and ​non-foodfood consumption.
D. consume as much foodfood and as much ​non-foodfood consumption as she wants.
E. consume as much foodfood as she can afford without any ​non-foodfood consumption.
Business
1 answer:
elena55 [62]3 years ago
3 0

Answer:

The answer is: A. choose the combination of food and ​non-food consumption that makes her as well off as possible from among the combinations of food and ​non-food items she can afford.

Explanation:

The economic model of consumer behavior states that an individual will consume the products or services that maximize his (or her) benefits and overall well-being while minimizing costs.

So this consumer should choose the combination of products (between food and non-food products) that maximize his well-being while having the lowest possible cost.

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Electra Bikes is an American brand with a global presence. Which of the following trade agreements allowed Electra Bikes to expa
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Answer:

NAFTA

Explanation:

NAFTA stands for the North American Free Trade Agreement and it represents a standing treaty between Mexico,  Canada and the United States and it is recognized as the largest free trade treaty in the world.

NAFTA's treaty makes it possible for Electra Bikes which is an American brand to expand its business to Mexico and Canada. NAFTA as a treaty facilitates this expansion because the treaty has removed the trade barriers that existed among the three nations.

8 0
3 years ago
Admire County Bank agrees to lend Givens Brick Company $600,000 on January 1st. Givens Brick Company signs a $600,000, 8%, 9-mon
NeTakaya

Answer:

The journal entry for the issuance and the proceeds of the note is shown below:

Explanation:

Cash A/c.........................Dr   $600,000

    Notes Payable A/c......Cr  $600,000

The givens company received a amount of $600,000 from the bank, so cash is increasing and increase in cash is debited. Therefore, the cash account is debited. Whereas, the cash against a note payable, which increases the liability and any increase in liability is credited. Therefore, notes payable is credited.

7 0
3 years ago
When an organization has employees of different backgrounds and skill sets, it has greater and will be better than monocultural
creativ13 [48]

N.B: I don't understand your question fully and neither can i find the complete question anywhere on the internet so im going to answer this sentence and hope it helps you.

Answer:

True

Explanation:

When a company has employees from different backgrounds and with different skills set, it helps the company come up with a lot of innovations that cuts across different cultures, thereby expanding their own range of services and/or goods. Also it helps in problem solving as each employee can come to the table with various ways of solving a problem.

This situation can be called diversity of thoughts.

Cheers.

7 0
3 years ago
George offers to sell his car to Suzy for $10,000 on the coming Sunday, to which Suzy agrees. They write down the details on a p
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Answer:

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Promissory estoppel means that in legal tenet that a promise or pledge can be enforced by law, actually if formulated without legal consideration, if the George now the (promisor) has made a pledge to a Susy the (promises) who then depends on that promise for a subsequent detriment. So what Promissory estoppel is expected to do is to stop the (George) promisor from insisting that an underlying promise should not be legally authorized or implemented. So Susy can sue George on the basis of promissory estoppel and get a reward for George's disappointment

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The overall responsibility of health information management professional is
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<span>Ensuring the quality and accuracy of health information. Hope this helps!

</span>
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