Question and answer
In economics, the pleasure, happiness, or satisfaction received from a product is called: (Points : 1) marginal cost. rational outcome. status fulfillment. utility
In economics, the pleasure, happiness, or satisfaction received from a product is called: D. utility.
Get an answer
Original conversation
User: The role of an assumption in an economic theory is to: (Points : 1) add realism. prove the theory. cover special cases. simplify the theory.

User: In economics, the pleasure, happiness, or satisfaction received from a product is called: (Points : 1) marginal cost. rational outcome. status fulfillment. utility

Weegy: In economics, the pleasure, happiness, or satisfaction received from a product is called: D. utility.
Tweet22|Points 30|

User: Economic profits and losses: (Points : 1) are both considered by economists to be a part of production costs. are essential to the reallocation of resources from less desired goods to more desired goods. have no influence on the composition of the domestic output. equalize the distribution of income in the long run.

Weegy: The answer is: b. are essential to the reallocation of resources from less desired goods to more desired goods.
Koolsum|Points 1456|

User: A normative statement is one that: (Points : 1) is based on the law of averages. applies only to microeconomics. applies only to macroeconomics. is based on value judgments

User: In a capitalistic economy: (Points : 1) consumers can never be sovereign. markets can never be competitive. there is a reliance on the market system. the government owns the means of production.

Weegy: In a capitalistic economy: c)there is a reliance on the market system.
leigh213|Points 0|

User: A competitive economy assumes the existence in each industry of a: (Points : 1) large number of small firms facing a large number of small buyers. few large firms facing a large number of small buyers. large number of small firms facing a few large buyers. few small firms facing a few small buyers.

Weegy: A: large number of small firms facing a large number of small buyers.
Sunshiineluv|Points 678|

User: Which one of the following expressions best states the idea of opportunity cost? (Points : 1) "A penny saved is a penny earned." "He who hesitates is lost." "There is no such thing as a free lunch." "All that glitters is not gold."

Weegy: "There is no such thing as a free lunch." best states the idea of opportunity cost
Expert answered|Marvel2|Points 643|

Question
Asked 6/30/2013 2:12:05 PM
0 Answers/Comments
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
The economic function of profits and losses is to: (Points : 1) bring about a more equal distribution of income. signal that resources should be reallocated. eliminate small firms and reduce competition. tell government which industries need to be subsidized.
Weegy: The economic function of profits and losses is to:. signal that resources should be reallocated. User: According to Emerson: "Want is a growing giant whom the coat of Have was never large enough to cover." According to economists, "Want" exceeds "Have" because: (Points : 1) people are greedy. productive resources are limited. human beings are inherently insecure. people are irrational. Weegy: According to Emerson: "Want is a growing giant whom the coat of Have was never large enough to cover." According to economists, [ "Want" exceeds "Have" because: productive resources are limited. ] (More)
Question
Expert Answered
Asked 6/30/2013 2:24:37 PM
0 Answers/Comments
17,893,296 questions answered
Popular Conversations
3x+3/18x= User: 10x+3/=
Weegy: this is quite simple, if you read over the question a few times and learn the tendencies. One number is ten ...
10/20/2014 5:27:08 PM| 5 Answers
Choose the product. -7p3(4p2 + 3p - 1)
Weegy: -7p3(4p2 3p - 1) = 7p3 - 84p6. Source: User: Find the quotient. 42j4k2 ÷ (-3j3k) Weegy: = 42j k /- 3j k) = ...
10/19/2014 5:43:50 PM| 3 Answers
Describe the key differences between managing and leading.
Weegy: ]
10/19/2014 5:51:01 PM| 3 Answers
Find the sum and choose the correct answer. 2n3 + 4n2 - 7 and -n3 + ...
Weegy: (2 n^3+4 n^2-7)+(-n^3+8 n-9) your answer is n^3+4 n^2+8 n-16 User: Select the correct difference. -3z7 - ...
10/19/2014 5:41:21 PM| 2 Answers
Weegy Stuff
S
L
1
1
1
1
L
1
L
Points 2160 [Total 14535]| Ratings 0| Comments 2160| Invitations 0|Offline
S
L
1
L
P
C
1
P
C
1
L
Points 1393 [Total 10874]| Ratings 3| Comments 1363| Invitations 0|Offline
S
1
L
1
L
P
P
L
Points 745 [Total 12974]| Ratings 0| Comments 745| Invitations 0|Offline
S
L
Points 449 [Total 1848]| Ratings 0| Comments 449| Invitations 0|Offline
S
1
L
L
Points 447 [Total 6241]| Ratings 3| Comments 417| Invitations 0|Offline
S
Points 401 [Total 401]| Ratings 0| Comments 371| Invitations 3|Offline
S
Points 297 [Total 298]| Ratings 3| Comments 267| Invitations 0|Offline
S
Points 180 [Total 180]| Ratings 1| Comments 170| Invitations 0|Offline
S
P
C
L
P
L
1
Points 48 [Total 6282]| Ratings 0| Comments 48| Invitations 0|Offline
S
Points 27 [Total 27]| Ratings 0| Comments 27| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.