80. A new development in demand theory maintains that consumers demand goods for

Question

80. A new development in demand theory maintains that consumers demand goods for the

a.   good itself.

b.   utility producing characteristics of the good.

c.   utility produced by the good.

d.   utility derived from the good.

84. One way to monitor a manager to ensure she monitors effectively is to

a.   make her a member of the team.

b.   hire another manager.

c.   make her a residual claimant.

d.   none of the above.

85. When the quality of a product is uncertain before you purchase it, there is probably

a.   something wrong with the product.

b.   asymmetric information.

c.   team production.

d.   a need for advertising.

86. Becker maintains that as more women have gone to work and skill levels have become similar between men and women

a.   the gains to specialization are smaller in marriage.

b.   there has been a higher divorce rate.

c.   there are fewer marriages.

d.   all of the above.

Explanation / Answer

80) The answer is B -) utility producing characteristics of the good..

in a new consumer demand theory --- a consumer can secure any combination of characteristics they desire subject to his budget constraint. and the new way of predicting demand for new commodities is that as long as they do not embody any new characteristics

8) please upload it again .its agains chegg policy

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