subject
Business, 26.01.2022 06:30 nicollexo21

The difference between the amount consumers would be willing to pay and the amount they actually pay for a good is called

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 14:00
Which change is illustrated by the shift taking place on this graph? an increase in demanda decrease in demandan increase in supplya decrease in supply
Answers: 1
question
Business, 22.06.2019 06:40
Self-interest achieve society’s economic goals because producers know which goods consumers want the most. as consumers and producers exercise their freedom to act in their own self-interest, markets will produce the desired goods at the lowest possible cost. consumers and producers both operate based on society’s economic goals. consumers know which goods can be produced at the lowest cost. there is a wide variety of desired goods and services in a market system because producers determine what to produce. consumers change their minds frequently. there is always a need to produce something new and improved. individual wants are diverse. what is produced is ultimately determined by consumers, because if the goods offered are not what consumers want, consumers will not buy them. producers, because they are driven by profits. producers, because they determine what to produce. consumers, because they participate in marketing surveys.
Answers: 2
question
Business, 22.06.2019 20:10
Suppose the production function in an economy is y = k0.5l0.5, where k is the amount of capital and l is the amount of labor. the economy begins with 64 units of capital and 16 units of labor. use a calculator and equations in the chapter to find a numerical answer to each of the following questions. what are the wage and the rental price of capital? the wage is equal to unit(s) of output and the rental price of capital is equal to unit(s) of output.
Answers: 1
question
Business, 23.06.2019 05:30
Scientists developed the first successful human cell culture in vitro (grown in a lab) in the 1950s by removing cancer cells from a woman. this concept has allowed modern scientists to successfully grow organs. which of the following answers  bestdetermines why there was success?   neurons send a signal to the cell to multiply.a large blood supply to the cell allows enough nutrients for growth.cells are the basic unit of life and thus can regenerate if in a controlled environment.cells cannot reproduce on their own, and the scientist manipulates them to grow.
Answers: 1
You know the right answer?
The difference between the amount consumers would be willing to pay and the amount they actually pay...
Questions
question
Geography, 19.08.2019 17:00
question
Mathematics, 19.08.2019 17:00
question
English, 19.08.2019 17:00
question
Social Studies, 19.08.2019 17:00
question
Mathematics, 19.08.2019 17:00
Questions on the website: 13722359