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 55 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?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Female Skink with Eggs Female Skink with Eggs
Carnivores such as these wild dogs have skeletal adaptations for eating meat. Carnivores such as these wild dogs have skeletal adaptations for eating meat.
Healthy Eating Behaviors and Weight Gain Are Important Considerations during the Third Trimester Healthy Eating Behaviors and Weight Gain Are Important Considerations during the Third Trimester
Pulling a skewer through chocolate and raspberry-sauce dots to create a border of hearts Pulling a skewer through chocolate and raspberry-sauce dots to create a border of hearts
Eating Disorders and Body Image Eating Disorders and Body Image
Mottled Sea Star (Evasterias troschelii) eating a clam, Alaska. Mottled Sea Star (Evasterias troschelii) eating a clam, Alaska.
Video: How to find out if a population is evolving?

For a complete list of videos, visit our video library