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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 103 times)

jrubin

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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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Answer to Question 1

C

Answer to Question 2

C




jrubin

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Reply 2 on: Jun 29, 2018
Gracias!


ktidd

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Reply 3 on: Yesterday
Excellent

 

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