answersLogoWhite

0

what determines the optimum consumption of an consumer is their income and their demand for goods and services.

User Avatar

Wiki User

12y ago

What else can I help you with?

Related Questions

How can you determine the optimum pH of an enzyme?

To determine the optimum pH of an enzyme, you can conduct experiments at different pH levels and measure the enzyme activity. The pH at which the enzyme shows the highest activity is considered its optimum pH.


What are pinch values?

The pinch point represents a thermodynamic optimum of a certain chemical process. It can be calculated in order to define the optimum (mimimal energy consumption). In succession, the process can be optimized for its energy consumption to be as close to this optimum as possible. The pinch value is the minimal amount of energy needed for a certain chemical process.


What is jar test objectives?

to determine optimum coagulant concentration (0CC)


Is fuel consumption high in Low gears or in high top gears?

generally speaking, fuel consumption is higher in low gears because the rpm of the engine is higher. Performance is measured in kilometers/gallon. You have to consider that cars are designed for optimum performance when you drive at around 80 km/hr. For each car there is an optimum ratio distance/fuel consumption.


How do you determine optimum production?

Three important cases: Total productive surplus is maximised at consumer equilibrium. Total profit is maximised when marginal cost = marginal benefit. Social welfare is maximised where marginal social cost = marginal social benefit.


How do you determine the optimum level of current assets?

a trade off between profitability and risks.


How positive are consumer reviews for Optimum Nutrition whey protein?

The reviews that Optimum Nutrition Whey Protein has received have been primarily favorable. Most notable in the negative reviews are mentions of artificial sweeteners.


How do you find optimum price?

To find the optimum price, you need to consider factors such as production costs, competition, target market, and consumer demand. Conduct market research, analyze your costs, and test different price points to find the price that maximizes your profits and is attractive to customers. You may also consider using pricing strategies like cost-plus pricing, value-based pricing, or competitive pricing to help determine the optimum price for your product or service.


How much does cablevision cost a year?

The cost of cablevision depends on which service provider the buyer chooses. Their residential consumer services include ioTV, Optimum online, and Optimum voice. The cost depends on what services the buyer wants.


What is the optimum amount?

The optimum amount varies depending on the context. It is the most favorable or desirable quantity that produces the best outcome or result for a specific situation, such as in business, health, or decision-making. It is important to assess individual factors and goals to determine what the optimum amount is in each case.


Where can customer reviews for Optimum Online be found?

Customer reviews for Optimum Online can be found on various review websites such as Consumer Affairs, Trustpilot, and Google Reviews. Customers may also share their experiences on social media platforms and forums dedicated to internet service providers.


What are the future plans apparel industry in Sri Lanka?

Lean manufacturing. Concern on echo and ethical environment Optimum consumption manage suppliers within your requirements.