Which of the following statements is the economic rule that explains why we stop purchasing goods and services after we have consumed some?A. We will consume only while marginal benefit exceeds marginal cost.
B. We will purchase goods only while they are marginal.
C. We marginally consume goods and services when the price exceeds the cost.
D. We will consume goods and services whenever the price is low.

Answers

Answer 1

Answer: The correct answer for the question that is being presented above is this one: "C. We marginally consume goods and services when the price exceeds the cost." The statement that is the economic rule that explains why we stop purchasing goods and services after we have consumed some is that We marginally consume goods and services when the price exceeds the cost.

Related Questions

Which of the following was not a result of the construction of the canal from Lake Erie to the Hudson River? Construction boomed along the canal route. Federal financing became more readily available. The cost of transporting goods dropped significantly. Employment opportunities grew, especially for immigrants.
Brian is starting his own business producing chairs designed to be used while playing video games. This is an example of _________.a. creating a monopoly b. specialization c. the factor market d. self-interest Profit is best described as a. a gain in material items or money after any type of transaction. c. a monetary loss after a transaction. b. a monetary gain that occurs as the result of a transaction. d. the term used to describe an equal trade in goods or services.
A jury must decide whether a defendant, already judged guilty, should receive the death penalty. They are told that the defendant committed the crime after years of physical abuse, a fact that could argue for a sentence less than death. This is an example of a(n) _______________ factor.
In what ways did the childhood games of Native Americans prepare them for adulthood? A. Developing survival skills B. Enhancing physical fitness C. Encouraging teamwork D. Teaching social customs
What was one of the main causes of the French and Indian War? a) concern for the Indians b) desire for land and powerc) Canadian tax lawsd) different political philosophy

It is alleged that celebrities all over the world feel that media infringes their right to dignity, freedom and privacy. If you were appointed as a South African Press Association president, discuss five corrective measures you would take to address such a situation

Answers

I would make some regulations that establish safe spaces for the celebrities, such as private homes, offices and schools,

Further, I would say that their families and friends should be protected.

Also some information, such as the one not relevant to their work should be protected

Celebrities should also have the right for compensation if those rules are not respected and for retraction of this information from the internet.

Many Christians blamed for the occurrence of the Black Death, and even killed some of them.a. JEWS
b. CATHOLICS
c. ISLAMIC
d. GYPSIES User: You are a geologist and are asked to put a list of historical events in chronological order. You would arrange the events _____.
a. according to where they took place
b. in alphabetical order
c. according to when they took place
d. in order of historical importance

Answers

Answer:

Jews, C: according to when they took place

Explanation:

The Jews were believed to have caused the Black Death in Europe in the 14th century. They were prosecuted, tortured and murdered as the result of these accusations. The Jews were used as scapegoats as people then did not have much knowledge about the disease itself. The Jews apparently poisoned the water in the wells to spread the Black Death deliberately. Hundreds of Jewish communities were destroyed.

A geologist puts the historical events in chronological order according to when they took place. A chronological order arranges the historical events following one after another in time, starting with the earliest one and finishing with the latest.

I think it was Jews

What concept is illustrated by the fact that Congress has the power to introduce and pass laws in the president has the responsibility to enforce all federal lawsA. Judicial review
B. Checks and balances
C. Federalism
D. Separation of powers

Answers

Answer:

D. Separation of powers

Explanation:

The principle of Separation of powers refers to the division of government functions and powers into distinct branches, in order to prevent the concentration of power in one branch and to provide for checks and balances (Where all branches oversee, limit and check each other).

The U.S. Constitution is based on this principle, as it divides the government into three branches of government: The judicial, the Executive and the Legislative. So, the fact that Congress is the only branch with the duty of introducing and pass laws, while the President is the only one with the task of enforcing federal laws, illustrates this principle of separation of powers.

The concept is illustrated by the fact that Congress has the power to introduce and pass laws in the president has the responsibility to enforce all federal laws is known as the separation of power.

For better understanding, we have to understand what separation of power means.

Separation of Powers is simply known as sharing or dividing of power of the government so that no one branch is too powerful over the other.
The 3 ways powers are shared or divided in United States is thatCongress makes the laws, the courts interpret the laws and the President enforces the laws.

From the above, we can therefore say that the answer The concept is illustrated by the fact that Congress has the power to introduce and pass laws in the president has the responsibility to enforce all federal laws is known as the separation of power is correct.

Learn more about separation of power from:

brainly.com/question/20510825

Probably the most important Supreme Court decision was ______ in which the court ruled ______. A). McCulloch v. Maryland : the power to tax is the power to destroy. B). Marbury v. Madison : that it had the power to declare a law unconstitutional. C). Scott v Sandford : slaves are still slaves even when taken into free territories. D). Fletcher v. Peck : that the national government has the right to regulate interstate commerce.

Answers

B). Marbury v. Madison : that it had the power to declare a law unconstitutional.

Marbury v. Madison, 5 U.S. 137, was a landmark United States Supreme Court case in which the Court formed the basis for the exercise of judicial review in the United States under Article III of the Constitution.

B.Marbury v. Madison : that it had the power to declare a law unconstitutional.

Marbury v. Madison, 5 U.S. 137, was a landmark United States Supreme Court case in which the Court formed the basis for the exercise of judicial review in the United States under Article II

As mentioned in the video, the traditional bartering system is replaced with a more sophisticated system that relies on a.currency. b.item exchange. c.Inherited wealth. d.trade.

Answers

Answer:

a. currency.

Explanation:

The exchange system, which is considered the first form of commerce, was local. This means that only people from a given community made these exchanges. Each family had a certain skill: fishing, agriculture, livestock, etc. To guarantee sustenance and good productivity, this ancestry was only concerned with this single task. In the end, they produced more than they consumed, and thus began to stockpile. But the products spoiled, and in addition, the house needed other items besides those that were made by them. Hence the need for exchange arose. This system allowed people not to suffer from the waste of their goods and still obtain others, cultivated or raised by different families.

As the exchanges were direct and without specific prices, bargaining was the way to get a good deal.

However, over time, this traditional system of exchange has been replaced by a more sophisticated system that depended on currencies and that looks more like the trade we know today.

A. currency unless your video said otherwise

In Florida in 2006 32.6% of traffic fatalities and 8.9% of traffic crashes were alcohol-related true or false

Answers

That statement is true.
Consuming alcohol prior to driving would reduce the response time in your nervous system which would make you much more likely to be involved in traffic fatalities. Other factors beside this that commonly caused the fatalities would include, speeding, heatstroke, traffic sign violation, etc.

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The largest sources of revenue for the federal government come from _____ and _____.