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

Author Question: Brett buys a new cell phone for 100. He receives consumer surplus of 80 from the purchase. How much ... (Read 89 times)

nramada

  • Hero Member
  • *****
  • Posts: 580
on: Jun 29, 2018
Brett buys a new cell phone for 100. He receives consumer surplus of 80 from the purchase. How much does Brett value his cell phone?
 
  A) 180 B) 100 C) 80 D) 20

Question 2

Refer to Table 1-5. What is Julius's marginal benefit if he decides to stay open for three hours instead of two hours?
 
  A) 15 B) 25 C) 65 D) 80


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Joc

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


nramada

  • Member
  • Posts: 580
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

nyrave

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Bacterial cell division. Bacterial cell division.
Structure of a typical prokaryotic cell Structure of a typical prokaryotic cell
Response of a yeast cell to glucose Response of a yeast cell to glucose
A hypothetical model of the process of cell-wall expansion. A hypothetical model of the process of cell-wall expansion.
cell line selection cell line selection
IgE bound to a mast cell and cross-linked by antigen-causing mast cell degranulation. IgE bound to a mast cell and cross-linked by antigen-causing mast cell degranulation.
Video: Phases of the ovarian cycle

For a complete list of videos, visit our video library