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How do personal choices factor into the economic decision?
Personal preferences determine demand amongst economic agents.
Is utility constant along a demand curve?
utility is not constant along the demand curve
What drives the choices of consumers and producers in a market economy?
Prices, Demand, Personal Preferences and Productions.
What are the component of the aggregate demand curve?
Personal Consumption + Gross Private Domestic Investment + Government Consumption + Net Exports (Exports-Imports)
Different states of demand?
Negative demand No demand Latent demand Declining demand Irregular demand Full demand Overfull demand Unwholesome demand
How do personal choices factor into the economic decision?
Personal preferences determine demand amongst economic agents.
Is utility constant along a demand curve?
utility is not constant along the demand curve
Are CNA jobs still in demand?
CNA jobs will continue to be in demand because America is aging. With an aging population, the need for personal care will increase.
Which factor influences buyer's behavior?
Everything. Personal Preferences., Displays, Supply and Demand, Everything
What drives the choices of consumers and producers in a market economy?
Prices, Demand, Personal Preferences and Productions.
Which factor influence buyer's behavior?
Everything. Personal Preferences., Displays, Supply and Demand, Everything
How long do you have to demand the return of personal items in your house after a foreclosure?
You should check the foreclosure laws in your area.
Factors affecting the demand of wheat?
Since corn and wheat can both be used as types or grain, they are in a way interchangeable amongst buyers. These types of goods are called substitute good, one can be substituted for another. If the price of corn rises, that leaves wheat being the more favored product (because it's cheaper). When an increase for the demand for wheat increase, the supply will decrease. The opposite would happen if the price of corn falls. If it falls under the price of wheat, corn will then be more favored. Thus making it the more demanded product. Under the law of demand, supply and demand work in opposite directions. When the demand increases, the supply decreases. When the demand decrease, the supply increases.
Why did states demand that the constitution include the bill of rights?
They wanted to guarantee that certain personal freedoms would be protected.
Specific performance - limitations?
Court must order it Cannot demand personal service Must not be able to remedy with damages
Which determinant of demand changes in the personal computer market as more individuals become interested in surfing the Internet?
Number of buyers
Did some states demand that the Constitution include a Bill of Rights?
They wanted to guarantee that certain personal freedoms would be protected.
