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Author Question: From the information in the above table, what is the marginal utility of the third quart of ice ... (Read 18 times)

panfilo

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on: Jun 29, 2018
From the information in the above table, what is the marginal utility of the third quart of ice cream?
 
  A) 80
  B) 70
  C) 60
  D) 230

Question 2

In the above table, if the firm produces 2 units of output, it will
 
  A) make an economic profit of 9.
  B) make an economic profit of 60.
  C) incur an economic loss of 9.
  D) incur an economic loss of 60.


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sarahccccc

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

C

Answer to Question 2

C


panfilo

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Reply 2 on: Jun 29, 2018
:D TYSM

amit

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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