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christellechery11
23.10.2019 •
Business
Abottle of wine costs $8 and a quiche, $5. at robert's present levels of consumption, he spends all his income and receives marginal utility of $10 from the last bottle of wine and marginal utility of $4 from the last quiche. to maximize his total utility, robert should a. buy less wine and more quiche. b. buy more wine and less quiche. c. spend all of his money on wine. d. spend all of his money on quiche.
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Ответ:
consideration
Explanation:
Consideration is the requirement that both parties in a legally binding contract must give something of value because when signing a binding contract every party involved does not get 100% of what they want from the contract and this is because the parties have to consider each other and in considering each other they will have to give up on something valuable that they would want from the contract, while mutual acceptance does not mean giving up something of value but have the same purpose and goal