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Author Question: The total utility from consuming five donuts is 9, 19, 30, 38, and 45 utils, respectively. Marginal ... (Read 50 times)

iveyjurea

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The total utility from consuming five donuts is 9, 19, 30, 38, and 45 utils, respectively. Marginal utility begins to diminish after consuming the ____ donut.
 a. first
 b. second
  c. third
 d. fourth

Question 2

Firms are consumers and households are producers in the _____ market.
 a. stock
  b. bond
  c. labor
  d. product
  e. underground



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makaylafy

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Answer to Question 1

c

Answer to Question 2

c




iveyjurea

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


cpetit11

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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