« previous next »

Author Question: The table above shows Mary's utility from chips and soda. Mary buys only chips and soda. Chips cost ... (Read 284 times)

mpobi80

  • Hero Member
  • *****
  • Posts: 519
on: Jun 29, 2018
The table above shows Mary's utility from chips and soda. Mary buys only chips and soda. Chips cost 2 per bag and soda costs 4 per six-pack. She has 20 to spend per week. To maximize her utility, Mary will buy
 
  A) 5 sodas and 5 bags of chips.
  B) 3 sodas and 3 bags of chips.
  C) 8 sodas and 8 bags of chips.
  D) 6 sodas and 2 bags of chips.

Question 2

In the above figure, the marginal cost of the last unit produced by the profit maximizing firm is
 
  A) 5.
  B) 10.
  C) 15.
  D) 20.


shoemake

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

The heme group viewed from the side. This view shows the two coordination bonds to Fe2+ The heme group viewed from the side. This view shows the two coordination bonds to Fe2+
A complete cranium of Au. Afarensis from Hadar, Ethiopia, shows a prognathic face and a small brainc A complete cranium of Au. Afarensis from Hadar, Ethiopia, shows a prognathic face and a small brainc
Step stool can help clients get onto and off of a high table. Step stool can help clients get onto and off of a high table.
How to determine an exponential relation from a table of values How to determine an exponential relation from a table of values
table table
A melting profile shows the increase in UV absorption versus temperature A melting profile shows the increase in UV absorption versus temperature
Video: Apicomplexan life cycle Animation

For a complete list of videos, visit our video library