Answer:
Yes, there is no need to change the eatings habits
Explanation:
Ari will maximize utility until
MU / P for both is equal in order to be at equilibrium
So, in this case,
For Hot dogs
= MU / P
where
MU is marginal utils, which is 20
P is Price, which is $2
So,
= 20 / $2
= 10
For Hamburgers
= MU / P
where
MU is marginal utils, which is 25
P is Price, which is $2.5
So,
= 25 / $2.5
= 10
Therefore, MU / P for hot dog = MU / P for Hamburger
Hence, there is not need to change the eatings habits.
Answer:
TRUE
Explanation:
The integration of countries from the same region into a trade bloc has the purpose of free movement of goods and services among lower-priced member countries. This is because from integration, countries give up tariffs and customs barriers, allowing products to be marketed to everyone at a lower cost, aiming at the common good. If countries use the same currency, the benefits of integration are even greater as they eliminate currency conversion costs.An example of this type of integration is the European Union, where products move freely between member countries and are sold in the same currency, the euro.
Answer:
household buying goods and services in the product market
Explanation:
The product market is where final goods and services are sold to households and firms.
The factor market is where factors of production are exchanged.
Mary is buying food for her cat. There are no indications that Mary is a business and that the food is a factor of production. Therefore, Mary is an household and she's purchasing from the product market.
I hope my answer helps you
Answer:
The mississippi college savings account program helps children save for more expensive schools by starting a savings account at a very young age.
The Mississippi College Savings Account Plan is helping bridge the economic drive by allowing the students to become familiar with the banking service, getting them used to the banking system and saving accounts.
