40. It is a kind of plan to organize our healthy way of eating with the right amount of food we consume every day.

Q: What factors commonly influence a person’s daily buying choices? Select one of these and explain how…

A: These are the factors which influence a person’s daily buying choices: The income of the consumer:…

Q: Consider the following graph. The fishery is managed as an competitive (open access) regime. Fishing…

A: The Gordon-Schaefer model is a bioeconomic model that is applied to the fishing industry. It may be…

Q: Q3. Complete the following cost table given below and additionally state all the formulae used:…

A: TC is the total expenditure incurred in the production of total output. TC is the sum of fixed and…

Q: what are four goods and services that people consumed on an average day

A: The ultimate good that a company makes and sells to the customer is referred to as a consumer good.…

Q: How does change in price affect CONSUMER OPPORTUNITIES?

A: Microeconomics refers to the branch of economics that is concerned with a single factor and affects…

Q: The amount of a good that buyers are willing and able to purchase at a given price.

A: Consumer theory is the theory that deals with determination of a point at which a consumer maximizes…

Q: Would you call your refrigerator a comfort or a necessity?

A: Necessity commodities are those products and services that customers can purchase regardless of…

Q: Describe the five social factors that influence consumer behavior.

A: Consumer behavior is a part of behavioral economics which specifically deals with the mindset and…

Q: Calculate the Marginal Utility then the MU/P to find Consumer Optimum. How many drink(s) and Big…

A: PLease check the step 2 for solution

Q: Why do we use mind mapping

A: Mind mapping is the diagrammatic representation of information, task or concepts.

Q: How would you define consumer behavior?

A: Consumer behaviour is very important for any firm to determine what goods and services need to…

Q: Is buying a steak at the restaurant considered a good or service?

A: Answer: Introduction: Goods: goods are those things that have a physical presence. In other words,…

Q: Which of the following is false in the dynamic AS-AD model? An increase in the natural level of…

A: AS-AD model: It refers to a model under which the economy can measure the national income with the…

Q: Consumers exercise self interest when

A: Any person or group of persons who buy or utilize products or services only for their own…

Q: You have an 8:30 class this morning but you are feeling extremely tired. How do you decide whether…

A: Opportunity cost is defined as the price of the benefits you could have got had you not made your…

Q: Do you think that you could consume less by refusingto buy some of the things you regularly buy? If…

A: Consumption refers to the process by which people spend their income on the purchase of goods and…

Q: Explain three ways consumers rely on social media to make buying decisions.

A: Social media is a new component for organizations to create new marketing strategies. two third of…

Q: a full explanation about perceived enjoyment

A: Enjoyment is basically the pleasure that people get from the various activities they perform in…

Q: I) The figure below shows a market in which there is an externality. The curve S2 is parallel to S1.…

A: “Since you have posted a question with multiple sub-parts, we will solve first three subparts for…

Q: You are shopping for new clothes and you like the style of a shirt. The store clerk tells you they…

A: This is an issue of likelihood, that can be addressed by utilizing a table, a tree graph or…

Q: The length of the maximum payback period depends on: Select one: a. profits from projects only b.…

A: The length of maximum payback period depends on the type of project and the financial situation of…

Q: What is Ceteris Paribus?

A: The subject economics is based on the market mechanism being the central element depends on the two…

Q: It is a set of those combination of two goods which offer the consumer the same level of…

A: The consumers are considered to be one of the most important entity in an economy. The consumers…

Q: Suppose that James's income in Year 1 was $45,000. Over the next four years his income increases by…

A: The nominal income in first year = $45,000 The income increased every year by = 7% = 0.07 The…

Q: Which is more important to you, health or unlimited supply for your wants

A: Supply: It refers to the goods and services supplied in the economy to fulfil the demand of people…

Q: Describe several ways in which consumers are less than free in making choices about which products…

A: The question aims to explore the various factors that limit the freedom of consumers in making…

Q: economic factors thst affect healthy eating

A: Qd(quantity demanded) of a product depends on various factors such as P(own price), Y(income),…

Q: Why do people buy more goods and services when their budget increases?

A: People's budget can be increased by two ways.  First, when their income increases, second when the…

Q: You are given the following GDP data (in millions of GDP: 1,720,748 Statistical Discrepancy +477…

A: GDP or the gross domestic product is the value of all the final goods and services which are newly…

Q: why is visual content important

A: Visual content, as the name indicates majority of the contents are based on images, graphs,…