This topic contains a solution. Click here to go to the answer

Author Question: The total utility you get from eating slices of pizza on a given night is the A) marginal utility ... (Read 160 times)

LaDunn

  • Hero Member
  • *****
  • Posts: 526
The total utility you get from eating slices of pizza on a given night is the
 
  A) marginal utility of the last slice times the total number of slices eaten.
  B) sum of the differences in marginal utility as you increase the number of slices eaten.
  C) sum of the marginal utilities of all slices eaten.
  D) sum of the marginal utilities per dollar spent on all slices eaten.

Question 2

As the price of cell phones fell during the last decade, consumers' total expenditures on cell phones increased. If the demand curve for cell phones did not shift, this fact means that the demand for cell phones
 
  A) must have shifted leftward.
  B) must be upward sloping.
  C) is elastic.
  D) is inelastic.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sultansheikh

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

C

Answer to Question 2

C




LaDunn

  • Member
  • Posts: 526
Reply 2 on: Jun 29, 2018
:D TYSM


mammy1697

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Gracias!

 

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

For a complete list of videos, visit our video library