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liraira [26]
3 years ago
11

What is the materialism as a social consumption practice? What are examples of it?

Social Studies
1 answer:
nadya68 [22]3 years ago
4 0

In the social sciences, materialism signifies a preoccupation with materiality and material processes, and how these contribute to forming the social. ... Both directions of materialism engage with material inequalities, whether it is between different social classes, or between humans and nonhumans.An example of materialism is valuing a new car over friendships.

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A utility-maximizing consumer of coffee also enjoys consuming tea. Coffee prices rise, while tea prices do not change. This cons
PIT_PIT [208]

Answer:

consumption of tea will <u>increase</u> , and marginal utility of coffee will <u>increase</u>

Explanation:

As Consumer consumes both tea & coffee, they are substitutes goods (which can be inter change-ably used by consumer).

Substitute Goods' price & quantity are inversely related. Such because -

  • Price fall of a good makes it relatively cheaper & increases its quantity demanded, decreases other good's demand.
  • Price fall of a good makes it relatively expensive & decreases its quantity demanded, increases other good's demand

So: Tea & Coffee being substitutes - If price of coffee rise, its own quantity demanded decreases & tea demand increases.

Coffee quantity demanded decrease means Marginal Utility of coffee will increase, as - MU decreases with more consumption quantity & it increases with less quantity consumption [as per Law of Diminishing Marginal Utility].

4 0
3 years ago
¿Cómo crees que debería ser un político?
mezya [45]

Answer:

Yo personalmente creo que políticos debería y deben ser responsable, no debe tener ningún secreto en cuanto a su administración, y mantener etica.

7 0
3 years ago
What is the most important reason consumers would want free trade?
Gnom [1K]

Answer:

tbh I think it's C.

Explanation:

A or B doesn't make much sense to me. The most important reason consumers would want free trade doesn't apply to D so what's left is C. Sorry if I'm wrong, just trying to help out.

5 0
3 years ago
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What is GDP, and how is it useful?
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Answer:  It represents the value of all goods and services produced over a specific time period within a country's borders. Economists can use GDP to determine whether an economy is growing or experiencing a recession. Investors can use GDP to make investments decisions—a bad economy means lower earnings and lower stock prices.

FOLLOW ME ON INSTAGRAM _IAMNYRI_

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3 years ago
How was the United States profiting from the French and English war?
8_murik_8 [283]

Between the years 1778 and 1783, the nations of France and England disputed a war between each other. Both nations were the greatest powers on Earth during that time, and the conflict was a result of both parties trying to beat the other in relation to the amount of colonies they had, specially in America.

It can be said that the biggest winner of this conflict was neither France or England, but the United States of America. The north-american country benefited from the conflict for many years, simply by serving both sides.

4 0
3 years ago
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