Social Studies, 09.11.2020 21:20 mendezmarco2004
1. Name something you have purchased in the past year. Use as much detail as possible to describe how this good or service increased your utility.
2. Does the principle of decreasing marginal utility apply to this good or service? Have you reached the point of decreasing marginal utility? Explain
3. Describe a situation in which your budget was constrained. How would your purchasing decisions have been different if you’d had a bigger budget?
4. List two inferior goods and describe what makes them inferior. What normal goods could substitute for these inferior goods? What might it take for a consumer to switch to these normal goods?
5. Describe something that you think is a public good. Explain how it is non-excludable and non-rival. State whether you think the good should be provided by the government or by private industry, and explain the reason for your position
Answers: 1
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Explain the term minorities ? why do they lag behind the majority community both educationally and economically ? how can they get their rightful place in society
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Drag and drop to identify the factors contributing to south asia high poverty rates. each phrase may be used once or not at all
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Alexander stephens’ opinion on secession and compromise led to what being written? a)the kansas-nebraska act b)the missouri compromise c)the u.s. constitution d)the georgia platform
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1. Name something you have purchased in the past year. Use as much detail as possible to describe ho...
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