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

Author Question: Sierra likes chocolate-covered deviled eggs. After eating 10 chocolate-covered deviled eggs, she ... (Read 104 times)

Mollykgkg

  • Hero Member
  • *****
  • Posts: 529
on: Apr 19, 2019

Question 1

The ratio of the marginal utility of tea to the marginal utility of scones is six for an individual maximizing utility. This implies that


◦ a scone is six times more valuable than a cup of tea.
◦ the tea to scones price ratio is one to six.
◦ the tea to scones price ratio is six to one.
◦ this person always eats scones with tea.

Question 2

Sierra likes chocolate-covered deviled eggs. After eating 10 chocolate-covered deviled eggs, she switches to strawberry ice cream covered in sauerkraut. We can conclude that


◦ the chocolate-covered deviled eggs made Sierra sick.
◦ the chocolate-covered deviled eggs now have a negative marginal utility.
◦ at this point, the chocolate-covered deviled eggs have a lower marginal utility per dollar spent than that of strawberry ice cream covered in sauerkraut.
◦ Sierra is minimizing her utility.
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 Mollykgkg on Apr 19, 2019

vboyd24

  • 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 50% of students answer this correctly


Mollykgkg

  • Hero Member
  • *****
  • Posts: 529
Reply #2 on: Apr 19, 2019
TY


vboyd24

  • Sr. Member
  • ****
  • Posts: 341
Reply #3 on: Apr 19, 2019
You're welcome


« previous next »
 

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Octopus eggs Octopus eggs
(A) Unwrap each of the layers until the client is covered by just the plastic sheet and the towels ... (A) Unwrap each of the layers until the client is covered by just the plastic sheet and the towels ...
Snake Eating Frog Snake Eating Frog
Vitamin Supplements Are Not a Substitute for Healthy Eating Vitamin Supplements Are Not a Substitute for Healthy Eating
People with night eating syndrome may consume more than half their day's calories between 8 pm ... People with night eating syndrome may consume more than half their day's calories between 8 pm ...
Eggs with rice Eggs with rice
Video: Power Supply Polyacrylamide Gel Protein Sample

For a complete list of videos, visit our video library