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

Author Question: As consumption increases, total utility increases A) at an increasing rate. B) at a decreasing ... (Read 104 times)

nmorano1

  • Hero Member
  • *****
  • Posts: 598
on: Jun 29, 2018
As consumption increases, total utility increases
 
  A) at an increasing rate.
  B) at a decreasing rate.
  C) at a constant rate.
  D) and marginal utility increases.

Question 2

The table above gives the aggregate demand and aggregate supply schedules in Lotus Land. In short-run equilibrium, there is ________.
 
  A) an inflationary gap of 100
  B) a recessionary gap of 100
  C) a recessionary gap of 200
  D) an inflationary gap of 200


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bigsis44

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


nmorano1

  • Hero Member
  • *****
  • Posts: 598
Reply #2 on: Jun 29, 2018
Thank you :)


bigsis44

  • Sr. Member
  • ****
  • Posts: 317
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Increasing Physical Activity Increasing Physical Activity
How to solve rate problems leading to fractional equations (Question 1) How to solve rate problems leading to fractional equations (Question 1)
Total Fertility Rate in the United States, 1860–2008 Total Fertility Rate in the United States, 1860–2008
Anglin's estimates of the total vocabulary of children in Grades 1, 3, and 5 Anglin's estimates of the total vocabulary of children in Grades 1, 3, and 5
Outgroup role in relative rate test Outgroup role in relative rate test
Video: Sperm Formation

For a complete list of videos, visit our video library