Author Question: Which statement is TRUE about Mr. McConaughey's marginal utility from spending time with family and ... (Read 43 times)

fagboi

  • Hero Member
  • *****
  • Posts: 535
Which statement is TRUE about Mr. McConaughey's marginal utility from spending time with family and friends and breaking a sweat?
 
  A) The marginal utility Mr. McConaughey gets from the first hour of spending time with his family is less than the marginal utility from the first hour of breaking a sweat.
  B) The marginal utility Mr. McConaughey gets from the third hour of spending time with his family is less than the marginal utility from the fourth hour of breaking a sweat.
  C) The marginal utility Mr. McConaughey gets from the fourth hour of spending time with his family is greater than the marginal utility from the fourth hour of breaking a sweat.
  D) The marginal utility Mr. McConaughey gets from the second hour of spending time with his family is greater than the marginal utility from the first hour of breaking a sweat.

Question 2

Average variable cost is at a minimum at the same amount of output at which
 
  A) average product is at a maximum.
  B) marginal product is at a maximum.
  C) average product is at a minimum.
  D) marginal product is at a minimum.



akemokai

  • Sr. Member
  • ****
  • Posts: 347
Answer to Question 1

A

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

For a complete list of videos, visit our video library