This topic contains a solution. Click here to go to the answer

Author Question: If a consumer purchases more of a product, then most likely the marginal utility of _____. a. that ... (Read 39 times)

rl

  • Hero Member
  • *****
  • Posts: 579
If a consumer purchases more of a product, then most likely the marginal utility of _____.
 a. that product decreases
  b. that product remains the same
  c. other products decrease
  d. other products increase
  e. that product increases

Question 2

Average fixed cost:
 a. remains unchanged as output expands.
 b. is defined as the change in total cost divided by the change in output.
  c. always increases as output increases.
 d. always decreases as output expands.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ashely1112

  • Sr. Member
  • ****
  • Posts: 347
Answer to Question 1

a

Answer to Question 2

d





 

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

For a complete list of videos, visit our video library