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Author Question: A consumer is willing to purchase a product up to the point where A) he spends all of his income. ... (Read 71 times)

ETearle

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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?



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Ptupou85

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Answer to Question 1

B

Answer to Question 2

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




ETearle

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


dyrone

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Reply 3 on: Yesterday
Gracias!

 

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