This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A consumer is willing to purchase a product up to the point where A) he spends all of his income. ... (Read 22 times)

ETearle

  • Hero Member
  • *****
  • Posts: 580
on: Jun 29, 2018
A consumer is willing to purchase a product up to the point where
 
  A) he spends all of his income.
  B) the marginal benefit is equal to the price of the product.
  C) he is indifferent between consuming and saving.
  D) the quantity demanded is equal to the quantity supplied.

Question 2

List the major categories of tangible capital.
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Ptupou85

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

(1.) Nonresidential structures.
(2.) Durable equipment.
(3.) Residential structures.
(4.) Inventories.


ETearle

  • Member
  • Posts: 580
Reply 2 on: Jun 29, 2018
Excellent

mammy1697

  • Member
  • Posts: 341
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Relationship between Latitude and Income per Capita Relationship between Latitude and Income per Capita
Income per Capita versus Income of the Bottom Quintile Income per Capita versus Income of the Bottom Quintile
How an Increase in Income Inequality Affects the Desired Tax Rate How an Increase in Income Inequality Affects the Desired Tax Rate
Relationship between Income Inequality and Sociopolitical Instability Relationship between Income Inequality and Sociopolitical Instability
Point of Intersection of 2 Circles Point of Intersection of 2 Circles
Find derivative using product rule Find derivative using product rule
Video: Genetic terms Animation

For a complete list of videos, visit our video library