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Author Question: From the information in the above table, what is the marginal utility of the third quart of ice ... (Read 71 times)

panfilo

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on: Jun 29, 2018
From the information in the above table, what is the marginal utility of the third quart of ice cream?
 
  A) 80
  B) 70
  C) 60
  D) 230

Question 2

In the above table, if the firm produces 2 units of output, it will
 
  A) make an economic profit of 9.
  B) make an economic profit of 60.
  C) incur an economic loss of 9.
  D) incur an economic loss of 60.


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sarahccccc

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


panfilo

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

scottmt

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Reply 3 on: Yesterday
Excellent

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Marginal Products of Physical and Human Capital Marginal Products of Physical and Human Capital
table table
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