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 22 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?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

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?

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

Apparent and True Orbits of Alpha Centauri. Apparent and True Orbits of Alpha Centauri.
The Two-Step Persuasion Technique to Encourage Community Service The Two-Step Persuasion Technique to Encourage Community Service
The paper test involves holding a piece of paper near the tailpipe of an idling engine. A good ... The paper test involves holding a piece of paper near the tailpipe of an idling engine. A good ...
After checking for stored diagnostic trouble codes (DTCs), the wise technician checks service ... After checking for stored diagnostic trouble codes (DTCs), the wise technician checks service ...
The Food Label Provides Valuable Consumer Information Manufacturers must adhere to strict labeling The Food Label Provides Valuable Consumer Information Manufacturers must adhere to strict labeling
Almonds and other nuts are also good sources of protein Almonds and other nuts are also good sources of protein
Video: ribosome

For a complete list of videos, visit our video library