what is consumer's Equilibrium?​

Answers

Answer 1

Answer:

[tex] \huge{ \red{A} \green{N} \blue{S} \orange{W} \pink{E} \red{R} \blue{:-}}[/tex]

When consumers make choices about the quantity of goods and services to consume, it is presumed that their objective is to maximize total utility. In maximizing total utility, the consumer faces a number of constraints, the most important of which are the consumer's income and the prices of the goods and services that the consumer wishes to consume. The consumer's effort to maximize total utility, subject to these constraints, is referred to as the consumer's problem. The solution to the consumer's problem, which entails decisions about how much the consumer will consume of a number of goods and services, is referred to as consumer equilibrium.


Related Questions

Suppose you invest $20,000 of your own money in a business as a sole proprietor, and then borrow an additional $10,000 from a bank. Suppose the business fails. For this two-part question, (1) What describes the potential loss of this situation, and (2) what is the total potential loss

Answers

[tex]75325 + 2353 = \div 2 \div = 22.2x2(22. = = 10000002[/tex]

[tex]hope \: its \: helpful \: to \: ou[/tex]

During 2019, ABC Company purchased $100,000 of merchandise. To bring the merchandise to the warehouse, Charcoal paid $5,000 in freight costs. By paying within the discount period, it was able to take advantage of $2,000 of discounts offered. When the merchandise arrived, inspection revealed that $3,000 of goods were not as ordered and were returned to the supplier. The net purchases of Charcoal Company were: ___________

a.$105,000.
b.$100,000.
c.$90,000.
d.$95,000.

Answers

I believe the Answer is: B.) $100,000.

Which financial tool is most important when planning for your future financial goals? Enrolling in a high interest savings account Creating a budget Mortgaging a house Taking on extra debt.

Answers

The financial tool that is vital when planning for your future financial goals is creating a budget.

A budget simply means an estimate of the income and the expenditure of an economic entity for a particular period of time.

It should be noted that a budget is vital for an individual to plan his or her expenses. For example, if one wants to buy a car in the future, the person can make a budget for it.

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Answer:

Creating a budget

Explanation:

How much does it cost to fly a dog internationally

Answers

Answer:

at least 3 watts

Joey bought a dozen oranges for $3. 50 and several bananas for $0. 25 each at the grocery store. Joey spent a total of $5. 75 on the fruit. Which number line best represents the number of bananas Joey purchased?.

Answers

The number of bananas that Joey purchased would be represented on a number line with digits 0 to 10 by marking point 9 with a dot (circle) as shown in the image attached.

Let the number of bananas be B.

Given the following data:

A dozen oranges = $3. 50Bananas = $0. 25Total cost = $5.75

Note: A dozen oranges is equal to 12 oranges.

To determine the number line that best represents the number of bananas Joey purchased:

First of all, we would calculate the number of bananas that Joey purchased:

[tex]3.50 +0.25B =5.75\\\\0.25B =5.75-3.50\\\\0.25B =2.25\\\\B=\frac{2.25}{0.25}[/tex]

B = 9 bananas.

For the number line:

The number of bananas that Joey purchased would be represented on a number line with digits 0 to 10 by marking point 9 with a dot (circle) as shown in the image attached.

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According to the demand-pull theory, inflation is caused by:

Answers

Answer:

Understanding Demand-Pull Inflation

Demand-pull inflation is a tenet of Keynesian economics that describes the effects of an imbalance in aggregate supply and demand. When the aggregate demand in an economy strongly outweighs the aggregate supply, prices go up. This is the most common cause of inflation.

Explanation:

hope it helps you

Note that common tasks are listed toward the top, and less common tasks are listed toward the bottom. According to
O*NET, what are common tasks performed by Graphic Designers? Check all that apply.
conferring with clients
creating designs, concepts, and sample layouts
scheduling projects for clients
hiring and training new team members
determining size and arrangement of illustrative material and copy
developing graphics and layouts

Answers

Answer:

creating designs, concepts, and sample layouts

scheduling projects for clients

determining size and arrangement of illustrative material and copy

developing graphics and layouts

Answer:1,2,5,6.

Explanation:

The extended warranty on a $960 dishwasher is 21% of the purchase price and lasts for eight years. What is the effective cost per year of the extended warranty? a. $28. 80 b. $45. 20 c. $23. 78 d. $25. 20.

Answers

Answer:

holi eso la D con mucho trabajo por fin la realizar y la conteste

Quintín

Based on the percentage of the extended warranty and the number of years it is to last, the effective cost per year is d. $25.20

First find the total warranty coverage for the dishwasher:

= Warranty percentage x Cost of dishwasher

= 21% x 960

= $201.60

The effective cost per year is:

= Total warranty / Number of years

= 201.60 / 8 years

= $25.20

In conclusion, the cost is $25.20.

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listed below are several transactions. for each transaction, indicate whether the cash effect of each transaction is reported in a statement of cash flows as an operating, investing, financing, or noncash activity. also, indicate whether the transaction is a cash inflow or cash outflow, or has no effect on cash. the first answer is provided as an example.

Answers

Operating cash flow simply means the measure of the amount of cash that's generated by the normal business operations of a company.

Cashflow from investing activities refers to the cash that has been generated on non-current assets that are intended to produce a profit in the future.

Cash flow from financing activities is a section of a company's cash flow statement, that shows the net flows of cash that are used to fund the company.

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Suppose you are a purchase manager who is the contract administrator for a major consulting firm installing a major enterprise resource planning system such as SAP or Oracle. What are some of the key elements that you would wish to include in the contract with the consulting company implementing this system?

Answers

The key elements that should be included in the contract include the right to work independently, and the avoidance of liability.

It should be noted that enterprise resource planning is important as it helps a firm manage and integrate the vital parts of the activities in the business.

From the complete information, the elements that should be included in the contract with the consulting company implementing this system include the right to work independently, and the avoidance of liability.

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What must people taking out a mortgage agree to? Check all that apply. A loan amount plans for repairs an interest rate renovation ideas payment terms.

Answers

The things which people who are taking out a mortgage must agree to are:

A loan amount, Interest ratePayment terms

According to the given question, we are asked to state the things which people who are taking out a mortgage must agree to and why they are essential for obtaining this loan.

As a result of this, we can see that when a person is taking out a mortgage loan, then he is expected to agee on the loan amount, the interest rate and the payment terms.

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Answer:

A loan amount,

Interest rate

Payment terms

Explanation:

____ is a disadvantage of capital intensive production

Skilled workers will be paid more than unskilled workers

Customized products are easier to make

Quality can be standardized, the same every time

Employees may become demotivated

Answers

quality can be standardized the same every time

Answer:

Quality can be standardized, the same every time

Explanation:

Capital intensive production has direct impact on quantity of production

There are basically two types of production

Labour intensivecapital intensive

Marilyn has a biweekly gross pay of $810 and claims 3 federal withholding allowances. Marilyn has all of the following deductions from her gross pay: federal tax from the following table Social Security tax that is 6. 2% of her gross pay Medicare tax that is 1. 45% of her gross pay state tax that is 21% of her federal tax Determine how Marilyn’s net pay will be affected if she increases her federal withholding allowances from 3 to 4. A. Her net pay will increase by $15. 0. B. Her net pay will decrease by $15. 0. C. Her net pay will increase by $18. 15. D. Her net pay will decrease by $18. 15.

Answers

The net pay of Marilyn will increase by $18.15 due to the increase in the federal withholding allowances from 3 to 4.

The computation of net pay considering various federal withholding allowances

Given,

Gross pay =$810

3 Federal withholding allowances =$37 (taken from the reference table)

4 Federal withholding allowances =$22 (taken from the reference table)

Federal state tax rate =21%

First, the state tax rate and the total amount of withholding for 3 Federal withholding allowances are computed:

[tex]\begin{aligned}\text{State Tax}&=\text{Claim Amount}\times\text{Federal State Tax Rate}\\&=\$37\times21\%\\&=\$7.77\end{aligned}[/tex]

[tex]\begin{aligned}\text{Total Amount of 3 withholdings}&=\text{Claim Amount}+\text{State Tax}\\&=\$37+\$7.77\\&=\$44.77\end{aligned}[/tex]

Now, the state tax rate and the total amount of withholding for 4 Federal withholding allowances are computed:

[tex]\begin{aligned}\text{State Tax}&=\text{Claim Amount}\times\text{Federal State Tax Rate}\\&=\$22\times21\%\\&=\$4.62\end{aligned}[/tex]

[tex]\begin{aligned}\text{Total Amount of 4 withholdings}&=\text{Claim Amount}+\text{State Tax}\\&=\$22+\$4.62\\&=\$26.62\end{aligned}[/tex]

The difference in the net pay will be the difference between $44.77 and $26.62, which is $18.15.

Therefore, Marilyn withholding will decrease from $44.77 to $26.62 that is increasing the net pay by $18.15

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Select the correct answer.
What type of curve results from plotting the market price of a commodity and the quantity required by consumers?
O A downward-sloping curve
O B. upward-sloping curve
OC. supply curve
OD
self-intersecting curve

Answers

Answer:

The answer is A

Explanation:

The downward sloping curve is a graphical representation depicting the relationship between a commodity's different price levels and quantities which consumers are willing to buy.

the answer is B upwarddd-sloping urge

Specialties in the property management field include all of the following EXCEPT A) resort housing. B) asset management. C) concierge services. D) land-use planning.

Answers

The answer choice which is not one of the specialties in the property management include:

C, Concierge services

Property management

Property management refers to all the processes which are involved in the handling, the organization, the leasing and management of a piece of property, usually by a realtor.

Concierge services

With this in mind, we can see that concierge services includes the coordination of the guests in a lodging by making reservations and bookings and everything else which makes the customer service better and this is NOT a specialty in property management.

Therefore, the correct answer is option C

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Gidgits Galore had advertised its product as child safe around the time that the lead paint was found in the gidgits manufactured in China. Gidgits Galore cannot be held liable for advertising its product as safe when
it is unsafe.
True O False
——————————————————
Choose the term that best matches the description given.
An individual requests payment for money owed for loss of or damage to property, back rent, repayment of a bad check or payment to compensate for defective goods, etc.
1. Adversarial legal system
2. Settlement letter
3. Demand letter
4. Filing fee

Answers

Based on the information given, it can be deduced that the advertisement was inappropriate, therefore Gidgits Galore will be held responsible. The correct option is false.

From the information given, it can be inferred that even though the product wasn't safe, the company advertised the product as being safe. This is wrong and therefore, the company will be held responsible.

Demand letter is when an individual requests payment for money owed for loss of or damage to property, back rent, repayment of a bad check or payment to compensate for defective goods, etc.

In conclusion, a demand letter is simply used to state a legal claim.

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What are the required components of a database function? Check all that apply. = D in front of the command a single argument range field criteria.

Answers

The required components of a database function in the computer science and programming includes:

=D in front of the command Range Field Criteria

According to the given question, we are asked to state the required components of a database function and how this is essential for the database to function properly.

As a result of this, we can see that the required components of the database function include the =, the range, field, criteria and the D in front of the command.

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Answer:

your answer is a b d e f

Explanation:

The barber of Town shaves all men living in the town. No man living in the town is allowed to shave himself. The barber lives in that town. Who then shaves the barber of the town?

Answers

Answer:

or another man cus u said no man can do it himself so that must mean every other man is a barber right???

Explanation:

Students should consider ________________________ when choosing a career, and this includes reflecting on personal interests, talents, needs, and values.


self-efficacy


self-awareness


self-esteem


self-control

Answers

According to research studies, Students should consider self-efficacy when choosing a career, including reflecting on personal interests, talents, needs, and values.

What is Self-Efficacy?

Self-Efficacy is a psychological term used to describe individuals' ability to perform essential activities to achieve success in their given tasks or endeavor.

Before choosing a career, a student should also consider his capability to perform well in that choosing career. Otherwise, he might not enjoy the career or fail.

Hence, in this case, it is concluded that the correct answer is option A. Self-Efficacy

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True or False: In some small-market teams, current players who originally commanded a small salary but who have greatly succeeded on the team can become too expensive for the team to re-sign.

Answers

There are different kinds of market. In some small-market teams, current players who originally commanded a small salary but who have greatly succeeded on the team can become too expensive for the team to re-sign is a true statement.

There are a lot of terminology of professional sports in North America. A lot of teams are often based in the media market.

A small market team is known to have some form of  struggle as they compete financially against teams from larger markets

Because of this, they may be outbid in the competition for top talent. In most small-market teams, their main players who have achieved great success on the team can become too expensive for the team to re-sign them this is because they have become too big and they can no longer afford them.

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Answer:true

Explanation:

i got it right

GDP refers to: *
1 point
Government Development Plan
Gross Demand Payment
Gross Domestic Product
Gross Domestic Plan

Answers

GDP refers to Gross Domestic Product.

Answer:

Gross Domestic product

Explanation:

GDP of a country is defined as all incomes from tax,share market etc domestic incomes.It is calculated either quarterly of 4months/3months or annually.

Your project team has expressed their communal position that they would prefer not to have a review meeting at the end of the project. As project manager, how should you respond to show the value of this meeting?

Answers

How you respond should show the value of this meeting is: To tell the team that lessons learnt from the project process can be used in other projects.

A project manager is a person whose sole responsibility is to:

Plan the projectDirect the projectManage the projectMonitor the projectExecute the project etc

Since the team said they would not have a review meeting at the end of the  completion of the project the best decision as a project manager is to tell the team member that lessons learnt from the project process can be used in other projects since the project is a special or unique project.

Inconclusion the project manager should tell the team that lessons learnt from the project process can be used in other projects.

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My response to the expressed communal position of the project team's  preference of not holding project review meetings is to stress its importance with regard to lessons for future projects.

The lessons that come from review meetings help the team to correct mistakes, realign processes, and improve performance.

Thus, since review meetings help to re-enforce the team's learning, I will reassure the team that the meeting would not take more time than necessary.  I will also ensure that each team member participate actively.

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quadratic interest rate volatility and inflation hedge

Answers

According to the United States Security Exchange, Quadratic interest rate volatility and inflation hedge strive to waver the risk of increasing long-term interest rates, rising inflation and inflation expectations, and an upswing in interest rate volatility while delivering inflation-protected income.

The Quadratic interest rate volatility and inflation hedge have various fees and expenses when holding shares of the Fund.

The fees and expenses include:Shareholder feesManagement feesDistribution and Service feeAcquired Fund Fees and expenses.

Hence, in this case, it is concluded that Quadratic interest rate volatility and inflation hedge are made to protect the shareholders from all kinds of inflation and interest.

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what could you do to avoid a miscommunication with a friend

Answers

be very clear & make sure you get your point through honestly

-WILL GIVE BRAINLIEST-
How can a person harness the power of pre-commitment, for example, with their tax return?

Answers

Answer:

You would have to commit to your future self about tax returns.

Explanation:

People projected that adopting a commitment device, which allows them to commit to saving before receiving their tax refund, would boost savings.

What is tax refund meaning?

A tax refund is a payment issued to taxpayers who have overpaid their taxes due to employers withholding too much from their salaries.

According to the US Treasury, over three-quarters of taxpayers have too much money withheld, resulting in tax refunds.

Thus, people are more like to make long term judgement.

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#SPJ2

After listing a home with a broker, the seller told the broker NOT to disclose a major structural defect in the house. What should the broker do

Answers

Answer:

he should not disclose a major structural defect in the house

Help please!
Who ever answers needs to be correct this is a big question.
Branson is the head of marketing for a video game company. His job falls into the Marketing Management pathway of the Marketing, Sales, and Service career cluster.

A.
True
B.
False

Answers

Answer:

True

Explanation:

Answer: A True

Explanation:

A surface, such as a prep table, that touches food or from which food could drip or drain onto surfaces that touch food is
called a "food-splash surface."
True
False

Answers

Answer:

False

Explanation:

Food contact surface is what it is called

What are examples of conflict in the workplace

Answers

Answer:

Toxic Workplace

Explanation:

people talk bad about you

why does global trade take place?

Answers

Answer:

because one country enjoys a comparative advantage in the production of a certain good or service.

Explanation:

pls give me brainliest

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