This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: ________ buys so as to make MU x/ MU y= P x/ P yfor all pairs of goods. (Read 17 times)

scienceeasy

  • Hero Member
  • *****
  • Posts: 565
on: Apr 19, 2019

Question 1

A person maximizes utility when he equalizes the ________ across products.


◦ total utility
◦ total utility per dollar spent
◦ marginal utility
◦ marginal utility per dollar spent

Question 2

________ buys so as to make 
MU
x/
MU
y = 
P
x/
P
y for all pairs of goods.


◦ A utility-minimizing consumer
◦ Every consumer
◦ A utility-maximizing consumer
◦ Only a consumer with an unlimited budget
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by scienceeasy on Apr 19, 2019

mammy1697

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 65% of students answer this correctly


scienceeasy

  • Member
  • Posts: 565
Reply 2 on: Apr 19, 2019
Excellent

lindahyatt42

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

This one might make you look twice This one might make you look twice
The location of the variable fuel sensor can vary, depending on the make and model of vehicle, but ... The location of the variable fuel sensor can vary, depending on the make and model of vehicle, but ...
Two wells are filled with the same antigen, and when they diffuse to the antibody, they make a line ... Two wells are filled with the same antigen, and when they diffuse to the antibody, they make a line ...
To make a 3.00 m solution, one could take 3.00 moles of solute and add To make a 3.00 m solution, one could take 3.00 moles of solute and add
Curved spines make cocklebur (Xanthium) fruits stick to the fur of animals (and clothing of humans) Curved spines make cocklebur (Xanthium) fruits stick to the fur of animals (and clothing of humans)
Using the Ti plasmid to make a transgenic plant Using the Ti plasmid to make a transgenic plant
Video: Activation Energy - Valence Electrons

For a complete list of videos, visit our video library