Diamonds have a greater marginal utility than water. True or False? Explain.

Q: A necessity is defined as a good having

A: To find : What is definition of necessity.

Q: i need the answer quickly

A: Japan has absolute advantage in the production of cars as it can make 80 cars in 2400 hours whereas…

Q: Why do economists say that people tend to be risk-averse?

A: Different individuals have different preferences towards risk or uncertainty. Most individuals are…

Q: Steven has a job - manual labor at the railways - in which he lays down railway track True or False

A: Manual labor at the railways in which Steven lays down railway track is considered as job.

Q: A club good is

A:

Q: True or False: Money must be issued by a government for people to accept it.

A: ANS Money can be anything that is used as a common medium of exchange irrespective of it is issued…

Q: Can employees, managers, and executives have too much information?

A: When a system's processing capability is exceeded by the amount of data it receives, information…

Q: Troy wins a prize of a McDonald's Restaurant $10 gift certificate. He can trade the prize in for a…

A: Opportunity cost is the cost that a person sacrifices when they choose one option over another. This…

Q: What is Reasonable Doubt?

A: Uncertainty/Doubt of ordinary convictions or a structure of thought can likewise open up new bits of…

Q: Misty is single and has chosen Plan Q. Misty has not used her health insurance yet this year.…

A: Below is the given information: The portion of the bill = $5000

Q: What is the purpose of knowing everything about arnis?

A: The national martial art sport of the Philippines is Arnis which is also known as Eskrima and Kali.…

Q: Ceteris Paribus means

A: To find : What is ceteris paribus

Q: Blair has vast riches and consumes thousands of dollars' worth of consumer goods each week, yet she…

A: It is a common phenomenon that the people with vast rich is also not satisfied with the consumption…

Q: Are airline tickets more expensive a few months before the flight or one day or several hours before…

A: It isn't kind of rule to mention but the air tickets when booked few month before the flight tends…

Q: "Wants are not limitless. This can be proven. I get all the breakfast I want every morning." Explain

A: It is possible that you get all the break fast you need on a specific morning, however, will that…

Q: Distinguish between possession, form, time, and placeutility

A: Meaning of Time and Place Utility: Place utility refers to when the manufacturer provides the…

Q: What would be the story to this question?

A: Effects of a shock involving a decrease in money supply can be well explained through the use IS-LM…

Q: She was fragrant like a morning when papayas are in bloom

A: There, Olfactory imagery is used in the sentence "She was fragrant like a morning when papayas are…

Q: Explain in your own words what it means when an outcome is reliable?

A: Reliability is the another name of consistency.

Q: 30. The price of strawberries decreases (goes down), the strawberries a quantity demanded,…

A: We know that The demand curve indicates that when the price of good changes what happens to its…

Q: strategies African countries to use to continue attracting FDI for the region

A: * ANSWER :-

Q: John is a consumer of Ziploc bag he buys them to store things in his kitchen true or false

A: These bags are reusable because of resealable property.

Q: Compare and contrast the differences between moral motivation and economic motivation. What are two…

A: Motivation is the process of starting, leading, and continuing goal-oriented actions. It's what…

Q: At a price of $100, domestic consumers demand how many boxes of contacts?

A: Demand is an economic theory that refers to a consumer's desire to buy products and services as well…

Q: need the answer as soon as possible

A: There are various measures that tell about the dispersion of a data set. One of the measures of…

Q: What sectors of life the loss aversion can be found in? Explain.

A: Loss aversion basically refers to a cognitive bias that explains why the agony of losing is twice as…

Q: Why it’s important to know about corona?

A: Corona virus is the China originated virus which originated in the 2019 and spread all over the…

Q: Under what circumstances money may appear as non- neutrality?

A: Money is neutral when its effect is zero on the economy. when the change is occurring in the money…

Q: How can the  seven deadly sins of CRM failure  be used to manage post-pandemic shopping?

A: With regards to CRM and client reception, there's by all accounts a misguided feeling of "in the…

Q: I need help for these questions l.

A: Based on this model, households earn income when firms purchase factors of production in the market…

Q: would need a more detailed and elaborated answer

A: Here, mainly asked that if there is less of revenues than the variable cost. Variable cost refers to…

Q: A more powerful currency can purchase more. True or false

A: A powerful or strong currency is worth more relative to other currencies. For example, $ is strong…

Q: Is it not all?

A: In economics, demand and supply are studied to see how they affect market conditions and prices.…

Q: Explain traditional or behavioral economic beliefs

A: Traditional economy is a system in which economic decision are taken on the basis of custom,…

Q: True or False: If you make sound financial decisions, you'll be able to live within your means. True…

A: Sound financial decisions are very important for a healthy and risk free life. It includes, making…

Q: Make several lists of things out there in the world that you are interested in...or passionate…

A: There are many things one likes or passionate about.

Q: Exchange means getting a desired object without having to give anything.

A: The subject matter that is based on the theory of exchange is economics. It explains that resources…

Q: Most people do not steal because:         the marginal utilities of stolen goods diminish as more of…

A: Marginal Utility: - marginal utility is the utility derived by the consumption of an additional…

Q: I need help with these questions

A: Fixed cost refers to the cost that remains the same for all the level of output. Variable cost…

Q: Financial times during the corona pandemic

A: The world economy has suffered greatly because of the Covid-19 pandemic. As per the latest…