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 77 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
Gracias!

miss_1456@hotmail.com

  • Member
  • Posts: 289
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Male tule elk in Point Reyes Male tule elk in Point Reyes
Louisiana Purchase Louisiana Purchase
The risk of dying before the age of 65 gets lower as family income gets higher. The risk of dying before the age of 65 gets lower as family income gets higher.
To find the derivative use product rule To find the derivative use product rule
Find derivative using product rule Find derivative using product rule
Construct a Lorenz curve that shows income distribution in this society. Construct a Lorenz curve that shows income distribution in this society.
Video: Antidiuretic hormone (vasoconstriction, water reabsorption & sweat inhibition)

For a complete list of videos, visit our video library