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

Author Question: As Rob consumes more dates over the course of a day, it is likely that his marginal utility from ... (Read 66 times)

clmills979

  • Hero Member
  • *****
  • Posts: 551
on: Jun 29, 2018
As Rob consumes more dates over the course of a day, it is likely that his marginal utility from date consumption will rise. Is the previous statement likely correct or incorrect?
 
  What will be an ideal response?

Question 2

Lee earns more than does Pat. Which of the following can explain why?
 
  A) Pat is discriminated against.
  B) Lee has more human capital.
  C) Lee has a greater degree of specialization in earning an income.
  D) All of the above could be a factor leading to the wage difference.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Pariscourtney

  • Sr. Member
  • ****
  • Posts: 352
Reply #1 on: Jun 29, 2018
Answer to Question 1

The statement is incorrect. The principle of diminishing marginal utility means that Rob marginal utility from eating dates decreases as he eats more dates.

Answer to Question 2

D


clmills979

  • Member
  • Posts: 551
Reply 2 on: Jun 29, 2018
Gracias!

ecabral0

  • Member
  • Posts: 310
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

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).

A graphical representation of the marginal value theorem. A graphical representation of the marginal value theorem.
Dates Dates
Relationships and dates divergence of living primate group based on molecular and DNA comparisons. Relationships and dates divergence of living primate group based on molecular and DNA comparisons.
A levallois core from Kapedo Tuffs, Kenya dates about 130,000 years ago. A levallois core from Kapedo Tuffs, Kenya dates about 130,000 years ago.
Dates Dates
Determining Numerical Dates for Sedimentary Strata Determining Numerical Dates for Sedimentary Strata
Video: Biological organic compounds

For a complete list of videos, visit our video library