Mr. Rational has 27 that he plans to spend purchasing 5 units of good X (priced at 3 per unit) and 6 units of good Y (priced at 2 per unit). The marginal utility of the fifth unit of X is 30, and the marginal utility of the sixth unit of Y is 30 . If Mr. Rational is a utility maximizer, he should:
a. not buy anything.
b. buy more of X and less of Y.
c. buy less of X and more of Y.
d. buy X and Y in the quantities indicated.
e. buy less of X and even lesser than that of Y.
Question 2
You operate a factory that produces beach towels. Your current level of output equals 2,000 towels per week. Your weekly variable cost equals 8,000 . If your total cost each week equals 9,000 . it follows that:
a. the average variable cost of production equals 2 per towel.
b. the average variable cost of production equals 4 per towel.
c. the average total cost of production equals 8 per towel.
d. none of the above
onions taste good
In middle childhood, children spend increasing amounts of time with peers and friends.
Schematic of the Agitation Laboratory Apparatus CHE 415 Unit Operations II
Schematic Diagram of the fluidized bed for the experiment (CHE415 Unit Operations)
Good body mechanics when facing the table directly. A. Head and back in alignment. B. Legs and feet ...
Expressing amounts of energy in different energy units is necessary to solve many chemistry ...