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Author Question: Related to the Economics in Practiceon page 316: A company selling iced tea discovers that as sugar ... (Read 20 times)

robinn137

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on: Apr 19, 2019

Question 1

Related to the 
Economics in Practice on page 316: Producers of Honest Tea stop adding sugar to their tea when the marginal utility to consumers of doing so is


◦ positive.
◦ negative.
◦ zero.
◦ Indeterminate from the given information.

Question 2

Related to the 
Economics in Practice on page 316: A company selling iced tea discovers that as sugar is added to tea, customers' opinions of the taste of the tea rises for the first few grams of sugar and then drops. Even so, the company chooses not to add the amount sugar that would result in the best-tasting tea. Which of the following would explain why adding less sugar could be a wise decision?


◦ The price of sugar added to tea is much less significant than the price of other ingredients, such as tea leaves.
◦ Manufacturers of tea are required to clearly indicate the amount of sugar in their products.
◦ Teas with less sugar are more likely to appeal to health-conscious consumers.
◦ Many products in the cold drink market are sold with substitutes for sugar, such as high fructose corn syrup.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by robinn137 on Apr 19, 2019

jackie

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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.
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robinn137

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Reply 2 on: Apr 19, 2019
:D TYSM

softEldritch

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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