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Author Question: If a consumer purchases more of a product, then most likely the marginal utility of _____. a. that ... (Read 131 times)

rl

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on: Jun 30, 2018
If a consumer purchases more of a product, then most likely the marginal utility of _____.
 a. that product decreases
  b. that product remains the same
  c. other products decrease
  d. other products increase
  e. that product increases

Question 2

Average fixed cost:
 a. remains unchanged as output expands.
 b. is defined as the change in total cost divided by the change in output.
  c. always increases as output increases.
 d. always decreases as output expands.


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ashely1112

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

d


rl

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Reply #2 on: Jun 30, 2018
Correct answers!


ashely1112

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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