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

Author Question: Economists using marginal utility theory assume that consumers' objectives are to A) maximize ... (Read 121 times)

azncindy619

  • Hero Member
  • *****
  • Posts: 562
Economists using marginal utility theory assume that consumers' objectives are to
 
  A) maximize their total utility.
  B) maximize their marginal utility.
  C) maximize their income.
  D) none of the above.

Question 2

A public good can be consumed by
 
  A) only one person who does not have to pay for it.
  B) only one person who has to pay for it.
  C) everyone simultaneously, as long as they pay for it.
  D) everyone simultaneously, even if they do not pay for it.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

leeeep

  • Sr. Member
  • ****
  • Posts: 315
Answer to Question 1

A

Answer to Question 2

D




azncindy619

  • Member
  • Posts: 562
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


recede

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

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?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

For a complete list of videos, visit our video library