Suppose the marginal utilities for the first three cans of soda ...

[Diane]

Suppose the marginal utilities for the first three cans of soda are 100, 80 and 60, respectively. The total utility received from consuming 2 cans is
 
  A) 20. B) 80. C) 90. D) 180.

Question 2

When firms analyze the relationship between their level of production and their costs they separate the time period involved into
 
  A) a fixed period and a variable period.
  B) morning and evening.
  C) the short run and the long run.
  D) 6 months or less; 6 months to 1 year; more than 1 year.

[dellikani2015]

Answer to Question 1

D

Answer to Question 2

C

[Diane]

Thank you

[dellikani2015]

Happy to help you