According to rational consumer choice, the thing that will happen to the optimal quantity of consumption for a good if the price increases is that option c: it will increase.
<h3>What will occur if in response to a fall in its price a consumer buys more of a good?</h3>
The income effect is known to often take place if a reduction in the price of a good tends to increases consumer's real income.
This is known to often making them have the ability to buy more or to purchase all of the goods, so the quantity demanded is known to often increases.
Therefore, According to rational consumer choice, the thing that will happen to the optimal quantity of consumption for a good if the price increases is that option c: it will increase.
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Answer:
salvation of sinful people
Explanation:
the Bible weaves an awe-inspiring tale over thousands of years of an Almighty, All-Powerful God, perfect in every respect redeeming his sinful and broken people. He knows they will rebel, He knows they will destroy his perfect world, but from the beginning of time He prepares a plan and a way for them to return to him through His son, Jesus. ultimately, everything in the Bible points to this perfect plan, redeeming and saving His children and bringing them back to Him
Yes , It is perfectly a competetive market
It can be considered as a competetive market because of the following reasons:
- Numerous young people looking for a suitable companion for themselves make up the existence accomplice search industry.
- Every single one of them comes with a specific list of traits and personalities in search of a partner with specific characteristics. For instance, some people look for age, some for character, some for wealth, etc.
- Additionally, there is a significant search cost involved because finding partners, shortlisting them, speaking with them, and determining whether they are a good fit takes a lot of time and is ultimately pointless.
- Given the large number of young men and women and their diverse characteristics, this market should therefore be seen as even more of a monopolistically serious market. Each one focuses on utility excellence, although they are not all that alike.
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Answer:
Communication within the family is extremely important because it enables members to express their needs, wants, and concerns to each other. Open and honest communication creates an atmosphere that allows family members to express their differences as well as love and admiration for one another
Explanation:
Postconventional. 3rd level of Kohlberg's stages of moral development in which the person’s behavior is governed by moral principles that have been decided on by the individual and which may be in disagreement with accepted social norms.
