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Author Question: A risk-averse person's marginal utility of wealth A) increases as wealth increases. B) decreases ... (Read 91 times)

Cooldude101

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on: Jun 29, 2018
A risk-averse person's marginal utility of wealth
 
  A) increases as wealth increases.
  B) decreases as wealth increases.
  C) is constant.
  D) is negative.

Question 2

The table above shows the demand and costs for a single-price monopolist. The firm can maximize its profit by setting its price at
 
  A) 30 per unit.
  B) 35 per unit.
  C) 40 per unit.
  D) 45 per unit.


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jojobee318

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


Cooldude101

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Reply #2 on: Jun 29, 2018
Thank you


jojobee318

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Reply #3 on: Jun 29, 2018
No problemo


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