« previous next »

Author Question: Marginal utility is the a. overall satisfaction obtained from consuming a good b. additional ... (Read 60 times)

09madisonrousseau09

  • Hero Member
  • *****
  • Posts: 559
on: Jul 1, 2018
Marginal utility is the
 a. overall satisfaction obtained from consuming a good
  b. additional satisfaction obtained from consuming one more unit of a good
  c. average satisfaction obtained from consuming a good
  d. the change in satisfaction obtained from consuming 1 percent more of a good
  e. additional cost of one more unit of a good

Question 2

Utility is determined by an individual's
 a. income
  b. price
  c. relative price
  d. profit
  e. tastes and preferences


Ptupou85

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

E


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

09madisonrousseau09

  • Hero Member
  • *****
  • Posts: 559
Reply #2 on: Jul 1, 2018
Thank you :)


Ptupou85

  • Sr. Member
  • ****
  • Posts: 334
Reply #3 on: Jul 1, 2018
Happy to help you


« previous next »
 

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Pap smear. Cells of the cervix (shown in the center) change in appearance as they progress through Pap smear. Cells of the cervix (shown in the center) change in appearance as they progress through
Like all animals, primates must balance their calories expended searching for food with calories, pr Like all animals, primates must balance their calories expended searching for food with calories, pr
Obtained from the deadly nightshade plant Atropa belladona, atropine remains a traditional drug ... Obtained from the deadly nightshade plant Atropa belladona, atropine remains a traditional drug ...
Oatmeal and other whole grain cereals are good sources of carbohydrates to start your morning off Oatmeal and other whole grain cereals are good sources of carbohydrates to start your morning off
Carrots are a good source of vitamin A Carrots are a good source of vitamin A
The Brain and Alcohol As you consume more alcohol, additional areas of your brain are affected The Brain and Alcohol As you consume more alcohol, additional areas of your brain are affected
Video: Osteoporosis

For a complete list of videos, visit our video library