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Is a woodpecker a producer or a consumer?
It is a consumer. Let me explain why... 1.Woodpeckers don't produce their own food. 2.Woodpeckers aren't plants. 3.Woodpeckers eat plants.
Explain the consumer equilibrium with the help of indifference curve?
Explain the consumer equilibrium with the help of indifference curve?
What is the role of Internet agent and explain the Role of consumer goals on the Internet?
What is the role of Internet agent and explain the Role of consumer goals on the Internet ?
What is organisational consumer behavior in marketing?
explain the importance of consumer behaviour in marketing view?
Describe the meaning of utility in economics and explain why it is different from on consumer to another?
Describe the meaning of utility in economics and explain why it is different from one consumer to another.
Explain the producer's equilibrium?
Producer's equilibrium occurs when a producer maximizes profit by producing at a point where marginal cost equals marginal revenue. This leads to the most efficient allocation of resources and output level for the producer in a given market. It is a key concept in microeconomics that helps producers make production decisions.
Explain how the decisions you make as a consumer influence the economy?
everyone as a consumer affects the economy on what they spent and how they spent
Explain how the decisions you make as a consumer influence the economy.?
everyone as a consumer affects the economy on what they spent and how they spent
Explain the six determinants that will change shift the demand curve?
Consumer income Consumer taste Substitutes Compliments Change in expectation Number of consumer
What is consumer equilibrium under cardinal approach?
illustrate and explain e the consumer equilibrium ender cardinalist and ordinalist?
Which economic concept helps explain a consumer's switch from white bread to wheat bread?
The economic concept that helps explain a consumer's switch from white bread to wheat bread is "substitution effect." This occurs when a consumer replaces one good with another due to changes in preferences, prices, or perceived health benefits. If wheat bread is perceived as healthier or more desirable, the consumer may choose it over white bread, reflecting their changing preferences and the desire to maximize utility. Additionally, factors like price differences and marketing can further influence this decision.
Explain why consumer credit can be costly?
consumer credit can be costly because when you used someone else money you have to pay interest
