Answer:
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Explanation:
Shift D1 right, showing an increase in demand and an increase in equilibrium price.
Answer:
Option D.
Explanation:
A rule for maximizing utility is that if an individual wants to maximize total utility, for every dollar that is spent, he/she should spend it on the commodity that yields the greatest marginal utility per dollar of expenditure.
In the scenario presented above, we can see that the marginal utilities per dollar for both commodities that Jane consumes are equal, therefore she can neither increase or decrease spending on any particular commodity in order to increase or decrease its marginal utility, this is because she gets an equal amount of marginal utility from both commodities.
Therefore, with the same amount of money, Jane cannot increase utility.
Answer:
The correct answer is A
Explanation:
Habituation is the reduction in the response to a certain stimulus after the repeated or repetation in the presentations. In short, it is defined as the theory that allows the person or an individual to tune out an stimuli which is external in order to focus on other things which demand their attention.
In this case, the ads first appeared, so it attract the attention of Ted, but when there are multiple ads of the same, then the he is not paying so much attention because of the habituation.
The correct answer to the question above is:
D. Quantitative
<span>Quantitative research approach is used in this
scenario because the participants are asked to choose among the most functional
mobile phone and compare them with other options. The data gathered from
participants are then analyzed to make a substantial result. </span>
