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Author Question: In the above figure, what is the marginal social cost to the economy of producing the four-hundredth ... (Read 70 times)

jrubin

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on: Jun 29, 2018
In the above figure, what is the marginal social cost to the economy of producing the four-hundredth pretzel?
 
  A) 0
  B) 2.00
  C) 4.00
  D) None of the above answers are correct.

Question 2

A decrease in consumption will result in
 
  A) both total utility and marginal utility decreasing.
  B) total utility increasing, but marginal utility decreasing.
  C) total utility decreasing, but marginal utility increasing.
  D) both total utility and marginal utility increasing.


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ultraflyy23

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

C

Answer to Question 2

C


jrubin

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Reply 2 on: Jun 29, 2018
:D TYSM

Kedrick2014

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Reply 3 on: Yesterday
Excellent

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