Answer:
Consumers must choose among alternative goods with their limited money incomes. The Utility Maximization rule states: consumers decide to allocate their money incomes so that the last dollar spent on each product purchased yields the same amount of extra marginal utility.
a law or laws, as a constitution, regarded as basic and, often, irrevocable by ordinary judicial or legislative action; organic law.
Hot weather would be the answer
Answer:
The answer is a) utilitarian approach.
Explanation:
The utilitarian approach seeks to achieve the greatest benefit for the largest amount of people, even if it involves sacrificing other resources.
A famous thought experiment demonstrates the utilitarian perspective: a trolley is running through the tracks and you notice it will run over <u>five people</u>. There is a lever which you can pull to change the trolley's direction, but there is <u>one person</u> on this other side. The utilitarian approach would chose to pull the lever.
Answer:
It's funny and entertaining XD