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.
Shown eating. Cougars are ambush predators, feeding mostly on deer and other mammals.
Stinkbug eggs
Strings of frog eggs
Eggs with rice
Creation of transgenic salmon through injection of DNA into salmon eggs
Dominican chocolate tiramisu