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Author Question: ________ is the additional satisfaction a person receives from consuming an extra unit of a good. ... (Read 193 times)

meagbuch

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on: Jun 29, 2018
________ is the additional satisfaction a person receives from consuming an extra unit of a good.
 
  A) Total utility
  B) Marginal utility
  C) Diminishing marginal utility
  D) Preferences

Question 2

In the above figure, the short-run macroeconomic equilibrium is at the price level ________ and the real GDP level ________.
 
  A) 110; 16.5 trillion
  B) 120; 16 trillion
  C) 100; 16 trillion
  D) 110; 16 trillion


nicoleclaire22

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

B

Answer to Question 2

A


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