D. To research its historical background and original purpose
This gives you the information and reason behind the work and explains where it comes from
Answer:
There is a missing part of the answer in all the options as there are three spaces to fill and only two part of the answers are provided in all the options.
Hence the correct answer would be ---
increase; normal; reinforces
which may be considered as answer option e). normal; reinforces where 'increase' is missing.
Explanation:
The utility-maximizing model is a model theory of a consumer which shows how consumers try to allocate their income money. It is believe that every customer is a rational being and try to get the optimized value for their money spent. Consumers' resources are limited so that their incomes are also limited. Consumers have budget constraint.
According to the Utility Maximization theory, every consumers try to decide to spend their incomes so that the last pie spent on a product yields an amount which is equal to the extra marginal utility.
Thus a utility-maximizing consumer, Jane who is spending his income on wallets and eyeglasses will increase the purchased of wallets, when the price of the wall decreases, if the wallets are considered a normal good and the income effect of Jane will reinforces the substitution effect.
Therefore the answer is ---
increase; normal; reinforces
I think she had a disease, that's why she died.
The Mundial Bank classifies a country as developed, developing and undeveloped according to the high, medium or low per capita income of its population.
Developed Country: It has a high develop level because it has a very good life quality in its population through high incomes, education, and sanity. Example: United States, Europe, Australia.
Developing Country: It has a medium develop level, it has scarcity in quality life because the incomes per capita aren’t enough and so there are low food levels. Example: Brazil, Russia, China.
Undeveloped Country: It doesn’t reach human developed either cultural nor economic. These countries are related to poverty and are called <em>“Third world countries”</em>. Example: Burundi or Sierra Leone
