chodennamgay6
chodennamgay6 chodennamgay6
  • 01-05-2021
  • Business
contestada

Why is a consumer likely to be worse off when a product that he or she consumes is rationed?​

Respuesta :

quanharrigan
quanharrigan quanharrigan
  • 01-05-2021
When the price of the good is fixed at a level below the current (equilibrium) price, there will be a shortage of the good and the good will have to be effectively rationed. As in the question above, the consumer is worse off because she is not able to attain her utility maximizing point.
Answer Link

Otras preguntas

No red ink: Rachel Green bought socks in these colors: blue, green, and purple Help me pls, how do I correctly make this sentence?
HELP WILL MARL BRAINLIEST JUST HELP ME DO B
What is the equation?
Does the sentence “There aren’t any men.” equal to “There are no men.”?
5. Determine the Ok uncertainty (+1, 0.1, 0.001, etc) in each of the following (1 pt each, 3 pts total) d. 10. E. 0.21 f. 1500
Which is the best synonym for the word: GUILE * tormented wicked deceit infinite
Don't understand this???​
Express 160 as the product of its prime factors. Write the prime factors in ascending order and give your answer in index form
neeed hellpp quickkk
(GIVING BRAINLEST TO THE CORRECT ANSWER)Select the correct location on the image. From which region did the first migration to North America begin? Early Hunan