Answer:
A- A change in the technology used by firms.
Explanation:
A change in technology can affect the demand of products and services. It can lead to the increased demand for a certain product, reducing the demand for an older product.
With the use of technology to upgrade products and services, demand curves will continually shift, according to preferences of customers.
Technology could be used by firms to produce upgrades and newer variations of products at more favorable prices for customers than existing products. This leads to competition and the demand for the newer device goes up since people see the new product as 'getting more for less'. A good example is computers and tablets. Tablets which could match up with the work of computers were produced at lower prices. This shifted the demand towards tablets, making computers more obsolete.
Term total utility: The utility is the satisfaction that an individual derives from consuming a good or service. Similarly, total utility is the total satisfaction received from consuming a given total quantity of a good or service.
Marginal utility: Marginal utility is the added satisfaction a consumer gets from having one more unit of a good or service. The concept of marginal utility is used by economists to determine how much of an item consumers are willing to purchase. ... Marginal utility can be positive, zero, or negative.
When GDP is said to be per capita, it means that GDP is being calculated <u>per person. </u>
<h3>What is GDP per capita?</h3>
This refers to the Gross Domestic Product of a nation being divided by the number of people in that nation.
This measure is used to show the productivity of the people in the nation such that a higher figure means that the citizens are more productive.
Find out more on GDP per capita at brainly.com/question/18414212.
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Answer:
Answer for the question:
Bighorn sheep are beautiful wild animals found throughout the western United States. Let x be the age of a bighorn sheep (in years), and let y be the mortality rate (percent that die) for this age group. For example, x = 1, y = 14 means that 14% of the bighorn sheep between 1 and 2 years old died. A random sample of Arizona bighorn sheep gave the following information:x 1 2 3 4 5y 14 18.9 14.4 19.6 20.0 (a) Draw a scatter diagram. (3 points)(b) Find the equation of the least-squares line, and plot the line on the scatter diagram of part (a). (3 points)(c) Find the correlation coefficient r. Find the coefficient of determination . What percentage of variation in y is explained by the variation in x and the least squares model? (4 points)
is given in the attachment.
Explanation:
I guess the correct answer is having insurance to pay for medications
Having insurance to pay for medications would encourage people to take advantage over available health care.