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24 September, 01:55

The price of apples has dropped, but Nancy does not buy any more because she has enough. To what factor of demand does this refer to

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Answers (2)
  1. 24 September, 01:59
    0
    The price of apples has jobs but non-zero not buy anymore because she has enough to what of 1
  2. 24 September, 02:19
    0
    She already reached at maximum utility of apple.

    Explanation:

    Given that the price of apple has dropped but Nancy does not buy any more because Nancy have some stock of apple. Nancy have some inventory that is why she do not want buy anymore. If she buy then it will be wasted because she can not use because she have stock.

    In the simple words we can say that she already reached at maximum utility of apple.
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