subject
Business, 09.11.2020 16:40 esdoles3865

When a consumer compares the price of a good to the value of that good, he or she is really comparing: a. the value of the good to its opportunity cost.
b. the price of the good to the value of other substitute goods.
c. the price of other substitute goods.
d. the value of the good to the costs associated with producing the good.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 05:00
Which of the following are considered needs? check all that apply
Answers: 1
question
Business, 22.06.2019 06:00
Suppose that a monopolistically competitive restaurant is currently serving 260 meals per day (the output where mr
Answers: 2
question
Business, 22.06.2019 08:30
Uppose that the federal reserve purchases a bond for $100,000 from donald truck, who deposits the proceeds in the manufacturer’s national bank. what will be the impact of this purchase on the supply of money? the money supply will increase by $100,000. the money supply will increase by $80,000. the money supply will increase by $500,000. this action will have no effect on the money supply. if the reserve requirement ratio is 20 percent, what is the maximum amount of additional loans that the manufacturer’s bank will be able to extend as the result of truck’s deposit? the maximum additional loans is $100,000. the maximum additional loans is $80,000. the maximum additional loans is $20,000. the maximum additional loans is $500,000. given the 20 percent reserve requirement, what is the maximum increase in the quantity of checkable deposits that could result throughout the entire banking system because of the fed’s action? this action will have no effect on the money supply. the money supply will eventually increase by $80,000. the money supply will eventually increase by $500,000. the money supply will eventually increase by $100,000.
Answers: 1
question
Business, 22.06.2019 17:50
The management of a supermarket wants to adopt a new promotional policy of giving a free gift to every customer who spends > a certain amount per visit at this supermarket. the expectation of the management is that after this promotional policy is advertised, the expenditures for all customers at this supermarket will be normally distributed with a mean of $95 and a standard deviation of $20. if the management wants to give free gifts to at most 10% of the customers, what should the amount be above which a customer would receive a free gift?
Answers: 1
You know the right answer?
When a consumer compares the price of a good to the value of that good, he or she is really comparin...
Questions
question
Mathematics, 22.10.2019 07:00
question
Mathematics, 22.10.2019 07:00
question
Mathematics, 22.10.2019 07:00
Questions on the website: 13722362