You have new items in your feed. Click to view.
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
25,930,272 questions answered
Popular Conversations
At the time of the Glorious Revolution and the writing of the English ...
Weegy: If you would be so kind as to finish your question, I'd be happy to assist you.
8/23/2016 9:33:05 PM| 3 Answers
If you visit the Senate chamber during a session on an average day, ...
Weegy: Teamwork is a joint action by two or more people or a group, [ in which each person contributes with different ...
8/23/2016 8:40:25 AM| 2 Answers
is the study of the environment that includes the physical, ...
Weegy: biological science - the science that studies living organisms. User: is the study of how living ...
8/23/2016 7:32:16 PM| 2 Answers
Which of the following economic systems theoretically has the most ...
Weegy: Capitalist has the most limited government interference. User: Complete this list of the factors of ...
8/24/2016 6:43:12 AM| 2 Answers
Weegy Stuff
S
Points 603 [Total 674] Ratings 4 Comments 563 Invitations 0 Offline
S
1
L
Points 422 [Total 1256] Ratings 2 Comments 402 Invitations 0 Offline
S
L
P
P
P
P
Points 407 [Total 3662] Ratings 0 Comments 407 Invitations 0 Offline
S
Points 106 [Total 106] Ratings 0 Comments 106 Invitations 0 Offline
S
L
P
P
P
Points 46 [Total 3862] Ratings 0 Comments 46 Invitations 0 Offline
S
Points 40 [Total 45] Ratings 0 Comments 0 Invitations 4 Offline
S
Points 27 [Total 254] Ratings 0 Comments 27 Invitations 0 Offline
S
Points 13 [Total 13] Ratings 0 Comments 3 Invitations 1 Offline
S
L
C
Points 11 [Total 4491] Ratings 1 Comments 1 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.