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

Author Question: What must be true for a consumer to buy a good or service? (Read 63 times)

jenna1

  • Hero Member
  • *****
  • Posts: 568
on: May 24, 2019
What must be true for a consumer to buy a good or service?
◦ The price must be equal to or less than the marginal benefit.
◦ The total benefit received must equal the total spent to buy the good or service.
◦ The consumer must be able to obtain some consumer surplus.
◦ The consumer must not be able to produce the product.
◦ The price must be equal to or greater than the marginal benefit.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jenna1 on May 24, 2019

okolip

  • Sr. Member
  • ****
  • Posts: 362
Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


jenna1

  • Hero Member
  • *****
  • Posts: 568
Reply #2 on: May 24, 2019
Thank you!


okolip

  • Sr. Member
  • ****
  • Posts: 362
Reply #3 on: May 24, 2019
Always glad to help...


« previous next »
 

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

True Forget-Me-Not True Forget-Me-Not
Men Present for Service during the Civil War Men Present for Service during the Civil War
Electronic service information is available from aftermarket sources, such as All-Data and ... Electronic service information is available from aftermarket sources, such as All-Data and ...
A form that the customer should fill out if there is a driveablilty concern to help the service ... A form that the customer should fill out if there is a driveablilty concern to help the service ...
Good body mechanics for lifting heavy objects. Good body mechanics for lifting heavy objects.
Politics, Power and the Common Good: An Introduction to Political Science, 5/E Politics, Power and the Common Good: An Introduction to Political Science, 5/E
Video: Types of disease resistance: innate defenses & immunity

For a complete list of videos, visit our video library