subject
Business, 16.07.2019 07:00 clairesmom

Consumers are willing to purchase a product up to the point where the marginal benefit of consuming a product is equal to its price. the consumer surplus is equal to the producer surplus. the marginal benefit of consuming the product equals the area below the supply curve and above the market price. the marginal benefit of consuming the product is equal to the marginal cost of consuming it.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 01:00
In order to gauge public opinion about how to handle iran's growing nuclear program, a research group surveyed 1010 americans by telephone and asked them to rate the threat iran's nuclear program poses to the world on a scale of 1 to 10. describe the population, sample, population parameters, and sample statistics. identify the population in the given problem. choose the correct answer below.
Answers: 2
question
Business, 22.06.2019 16:10
From what part of income should someone take savings?
Answers: 2
question
Business, 22.06.2019 22:40
Utilization will always be lower than efficiency because: a. effective capacity is greater than design capacityb. expected output is less than actual output.c. effective capacity equals design capacity.d. effective capacity is less than design capacity.e. expected output is less than rated capacity.
Answers: 3
question
Business, 23.06.2019 00:30
How much of your paycheck do you have immediate access to once you deposit it into your bank account a. all of it b. a portion of it c. none of it
Answers: 1
You know the right answer?
Consumers are willing to purchase a product up to the point where the marginal benefit of consuming...
Questions
question
Mathematics, 16.07.2020 07:01
question
Mathematics, 16.07.2020 07:01
question
Mathematics, 16.07.2020 07:01
question
Mathematics, 16.07.2020 07:01
question
Mathematics, 16.07.2020 07:01