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
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.

You might be interested in
Describe the importance of employee benefits as a strategic component of fulfilling the goals of hrm?
Tanya [424]

Employee benefits have become more significant and diverse

Employee benefits

  • Typically, membership-based incentives are provided to recruit and retain staff.
  • Although they have no direct impact on a worker's performance, insufficient benefits make workers unhappy.

The Price of Offering Employee Benefits

  • The cost of benefits and services is around 40% of an organization's payroll expense.
  • When significant wage and salary increases are not possible, benefits become the main topic of discussion with employees.

Community Security

  • Funded by equal contributions from the employer and the employee, based on a percentage of wages.
  • Offers retirement income, income for disabled workers, and money for surviving dependents.
  • offers Medicare some health insurance coverage.

Unemployment Insurance

  • Employers who pay both federal and state taxes on the taxable wage base provide the funding.
  • Tax rates vary depending on an organization's history with unemployment.

learn more about Employee Benefits here

brainly.com/question/15177448

#SPJ4

7 0
1 year ago
This activity is focused on understanding what international business is, why and how it differs from domestic business, why it
Dafna11 [192]

Answer:

ang haba naman po

Explanation:

kaya niyo na iyan hehe

5 0
3 years ago
When BBG Inc. was preparing to roll out a new performance management system, Kayla, the human resource executive, insisted that
Vedmedyk [2.9K]

Answer:

If workers see productivity assessments as reasonable, they are more likely to follow the suggestions, in plain words. There seems to be a book called 'the 4 execution styles' in which the writer discusses the significance of indicators in team results. Keeping in consideration the measures help us to evaluate and respond to the institution's demanded goals.

 

4 0
3 years ago
In July 2007 The Wall Street Journal (WSJ) reported that a growing shortage of skilled labor in Eastern European countries such
andrey2020 [161]

Answer:

D) rise in Western European countries and fall in Eastern European countries until the wage rates become more equal.

Explanation:

Two important factors must be considered:

  1. wages in western European nations are still much higher than those in eastern European nations
  2. workers that come from member countries of the European Union may travel freely and work in any country that they can and that belongs to the European Union.

As long as the wages in western European countries continue to be higher and European workers can establish themselves in those counties, the supply of workers will continue to flow from poorer eastern European countries to richer western European countries.

rise in Western European countries and fall in Eastern European countries until the wage rates become more equal.

4 0
3 years ago
As it places its order for truck tires with Michelin, South Side Industrial Supply realizes that it must also place an order for
Dovator [93]

Answer:

The correct word for the blank space is: joint.

Explanation:

Joint demand refers to the demand for products and services that are dependent on each other. In such cases, those goods are complementary but they can be acquired separately if necessary. An example of goods with joint demand would be tea and sugar or a printer and ink.

8 0
3 years ago
Other questions:
  • A chemical company produces a special industrial chemical that is a blend of three chemical ingredients. The beginning-year cost
    10·1 answer
  • Charles wants to survey recent customers about the quality of service they received at his small auto service dealership. He has
    14·1 answer
  • Carrie recently received the Employee of the Year award at the call center where she works as a customer service representative.
    9·1 answer
  • Jogging gear is considering a project with an initial cash requirement of $238,400. the project will yield cash flows of $4,930
    13·1 answer
  • Use the information in the schedules above to draw this​ economy's production function. Label it. Draw a point to show equilibri
    6·1 answer
  • Maria Am Corporation uses a process costing system. The Baking Department is one of the processing departments in its strudel ma
    7·1 answer
  • One school of management thought states that organizational decisions and actions are influenced mainly by what attracts managem
    13·1 answer
  • Select the term in the blank space beside the definition that it most closely matches.
    9·1 answer
  • g FisherCo is intending to invest in a new project. The ________ is the minimum rate of return the firm will accept on this proj
    5·1 answer
  • 2
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!