This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The table above shows Tom's total utility from milkshakes and sodas. Tom's total budget for ... (Read 59 times)

tnt_battle

  • Hero Member
  • *****
  • Posts: 556
on: Jun 29, 2018
The table above shows Tom's total utility from milkshakes and sodas. Tom's total budget for milkshakes and sodas is 20.00 per week. Milkshakes cost 2.00 each and sodas cost .50 each.
 
  What quantity of milkshakes does Tom purchase at his consumer equilibrium? A) five
  B) six
  C) seven
  D) eight

Question 2

The table above shows the number of pounds of bricks that can be produced by the Red Brick Company as the number of workers hired increases. The brick market is perfectly competitive and each pound of bricks sells for 20.
 
  The labor market is competitive and the wage rate is 30 an hour. When the Red Brick Company maximizes its profit, it produces ________ bricks an hour. A) 19
  B) 21
  C) 22
  D) 10


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

C.mcnichol98

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


tnt_battle

  • Member
  • Posts: 556
Reply 2 on: Jun 29, 2018
Excellent

hramirez205

  • Member
  • Posts: 345
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Herniated disk. A herniated disk is a protrusion of the disk’s gelatinous center, called the nucleus Herniated disk. A herniated disk is a protrusion of the disk’s gelatinous center, called the nucleus
Newest Periodic Table Newest Periodic Table
Step stool can help clients get onto and off of a high table. Step stool can help clients get onto and off of a high table.
Look at Table 4.2.2. Consumers learn that the rubber ducks wear out batteries quickly. As a ... Look at Table 4.2.2. Consumers learn that the rubber ducks wear out batteries quickly. As a ...
What is the total number of valence electrons in a silicate ion, SiO32-? What is the total number of valence electrons in a silicate ion, SiO32-?
Hardy–Weinberg Mating Table for Two Alleles of an Autosomal Gene Hardy–Weinberg Mating Table for Two Alleles of an Autosomal Gene
Video: Metaphase I Animation

For a complete list of videos, visit our video library