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

5 ÷ 7/10 pls help me​
The mountain climber descended 437.85 feet every hour. What is the change in the climber's elevation after 6 hours?
khan academy sums of consecutives
I’m just having a hard time finishing this can anyone help me
Could Someone please tell me what the subject of this sentence is? I NEED THE ANSWER ASAP please. House team lays out case.
help me pls pls pls pls pls pls pls pls pls pls pls!!!!!
What sugars can plants produce?
F(x)=2-x and g(x)=-2x
How many time Martha must measure 1/4 cup of blueberries to have enough for the fruit salad ?
Study island 7th grade