Author Question: In the figure above, the curve that shows the diminishing marginal utility is A) total utility ... (Read 192 times)

tuffie

  • Hero Member
  • *****
  • Posts: 534
In the figure above, the curve that shows the diminishing marginal utility is
 
  A) total utility curve A because it gets steeper as consumption of tomatoes increases.
  B) total utility curve A because it is higher than total utility curves B or C.
  C) total utility curve C because it gets flatter as consumption of tomatoes increases.
  D) total utility curve C because it is lower than total utility curves B and C.

Question 2

In the figure above, the marginal cost of producing a computer
 
  A) increases as more computers are produced.
  B) stays the same as more computers are produced.
  C) decreases as more computers are produced.
  D) is the same as the marginal cost of producing a television set.



miss.ashley

  • Sr. Member
  • ****
  • Posts: 371
Answer to Question 1

C

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

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?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

For a complete list of videos, visit our video library