Consumers are most likely to engage in the activity of growing vegetables in a home garden. The Option C.
A consumer would most likely engage in growing vegetables in a home garden. This activity allows individuals to cultivate their own produce, providing them with fresh and nutritious options right at their doorstep.
Gardening has become a popular hobby for many people who value self-sufficiency and the satisfaction of seeing their efforts yield tangible results. By growing vegetables at home, consumers also reduce their reliance on store-bought produce and have greater control over the cultivation process ensuring the use of organic and sustainable practices.
Full question:
Which activity would a consumer most likely perform? A) filling a lawnmower with gas B) answering phones in an office C) growing vegetables in a home garden D) helping mow lawns in the neighborhood
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ANSWER: Growing vegetables in a home garden
Answer:
salutation
Explanation:
Answer:
The correct answer is; True
Explanation:
When a technological advance lowers production costs, the result is that equilibrium output in this market is c) increased by 60 units.
A market arrives at an equilibrium output when the aggregate expenditure equals the national income or output.
At the equilibrium output, aggregate demand (consumption and investment) equals aggregate supply or output.
Thus, the correct option that shows the effect on the equilibrium output of a technological advance lowering production costs is Option C.
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The answer is c) increased by 60 units. When there is a technological advance that lowers production costs, it becomes cheaper for producers to produce each unit of the product. This means that they are willing and able to supply more of the product at each price. As a result, the supply curve shifts to the right. The intersection of the new supply curve and the demand curve determines the new equilibrium output. Since the quantity supplied increases by 60 units at each price, the equilibrium output will also increase by 60 units. Therefore, the correct option is c) increased by 60 units.
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