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
19,144,729 questions answered
Popular Conversations
The slope of the line whose equation is 5x + 3y = -2 ...
Weegy: The slope of the line whose equation is 5x + 3y = -2 is a.) -5/3 User: The y-intercept of the line whose ...
1/24/2015 10:20:25 PM| 6 Answers
What is the value of b^2 - 4ac for the following equation? 2x^2 - 2x ...
Weegy: 10x^2 - 19x + 6 = 0 The solution formula is x = [-b ? sqrt (b^2 - 4ac)]/2a The numerators of the solution is: ...
1/24/2015 9:48:19 AM| 4 Answers
Which of the following constants can be added to x^2 - 3x to form a ...
Weegy: 8x^2 - 2x = 1; 8x^2 - 2x - 1= 0; (4x + 1)(2x - 1) = 0 (4x + 1) = 0; 4x = -1, x = -1/4 or (2x - 1) = 0; 2x = 1; ...
1/24/2015 9:39:47 AM| 3 Answers
Which of the following points is a solution to the system of ...
Weegy: The following points of(-3 , -2) is a solution to the system of equations shown y - x = -1 x + y = -5 . ...
1/24/2015 10:34:32 PM| 3 Answers
8y - 1 = x 3x = 2y Solve the system of equations by ...
Weegy: 2x + y = 6; y = 3x + 4 The resulting equation is 2x + (3x + 4) = 6. User: 2x + y = 7 y = x + 1 When the ...
1/24/2015 10:54:55 PM| 3 Answers
Brenda Lee has received a $10,000 gift from her mother and is trying ...
Weegy: B. return User: Terri Hamilton has just received $30,000 from an uncle who died and is trying to decide how to ...
1/24/2015 2:01:50 PM| 2 Answers
The graph of which of the following equations contains the points (2, ...
Weegy: 2x - y = 2 x + y = 4 3x = 6; x = 6/3; x = 2 2x - y = 2; 2(2) - y = 2; 4 - y = 2; -y = 2 - 4; -y = -2; y ...
1/24/2015 9:12:35 PM| 2 Answers
Weegy Stuff
S
L
Points 1655 [Total 1676]| Ratings 0| Comments 1655| Invitations 0|Offline
S
L
P
L
P
Points 1229 [Total 6506]| Ratings 0| Comments 1229| Invitations 0|Offline
S
1
L
1
L
P
P
L
P
P
Points 563 [Total 15574]| Ratings 0| Comments 563| Invitations 0|Offline
S
L
Points 438 [Total 1119]| Ratings 2| Comments 418| Invitations 0|Offline
S
1
L
L
Points 178 [Total 6878]| Ratings 0| Comments 178| Invitations 0|Online
S
P
C
L
P
L
1
Points 90 [Total 6678]| Ratings 1| Comments 80| Invitations 0|Offline
S
Points 87 [Total 102]| Ratings 0| Comments 87| Invitations 0|Offline
S
L
Points 73 [Total 1634]| Ratings 0| Comments 73| Invitations 0|Online
S
Points 63 [Total 445]| Ratings 0| Comments 63| Invitations 0|Offline
S
Points 50 [Total 52]| Ratings 0| Comments 0| Invitations 5|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.