This topic contains a solution. Click here to go to the answer

Author Question: Jenny buys sodas and popcorn. Sodas sell for 1 and popcorn sells for 2 a bag. Currently she is in ... (Read 75 times)

Collmarie

  • Hero Member
  • *****
  • Posts: 569
Jenny buys sodas and popcorn. Sodas sell for 1 and popcorn sells for 2 a bag. Currently she is in consumer equilibrium, with the marginal utility from her last dollar spent on popcorn equal to 100 units of utility.
 
  The marginal utility from her last dollar spent on sodas is A) 20 units of utility.
  B) 30 units of utility.
  C) 50 units of utility.
  D) 100 units of utility.

Question 2

An advantage of the corporation over other forms of business organization is that
 
  A) the owners have unlimited liability.
  B) a corporation's profits are taxed only once.
  C) large-scale, low-cost capital is more readily available.
  D) the decision-making structure is simple.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

BAOCHAU2803

  • Sr. Member
  • ****
  • Posts: 316
Answer to Question 1

C

Answer to Question 2

C




Collmarie

  • Member
  • Posts: 569
Reply 2 on: Jun 29, 2018
:D TYSM


T4T

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Excellent

 

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

For a complete list of videos, visit our video library