Author Question: The measure of the benefit you get from consuming the next cup of coffee is your A) marginal ... (Read 49 times)

olgavictoria

  • Hero Member
  • *****
  • Posts: 528
The measure of the benefit you get from consuming the next cup of coffee is your
 
  A) marginal utility of coffee.
  B) total utility from coffee.
  C) total utility per dollar spent on coffee.
  D) total utility from coffee when you are at your consumer equilibrium.

Question 2

The above figure depicts an economy with a short-run equilibrium
 
  A) at full employment.
  B) below full employment.
  C) at higher than full employment.
  D) at zero unemployment



pami445

  • Sr. Member
  • ****
  • Posts: 303
Answer to Question 1

A

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

For a complete list of videos, visit our video library