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

Author Question: I don't feel so good. I shouldn't have had that last doughnut. Which statement best describes this ... (Read 79 times)

Chloeellawright

  • Hero Member
  • *****
  • Posts: 588
I don't feel so good. I shouldn't have had that last doughnut. Which statement best describes this situation?
 a. The marginal utility of the last doughnut was positive.
  b. The marginal utility of doughnuts is still increasing.
  c. The total utility from eating doughnuts is negative.
  d. The marginal utility of the last doughnut was negative.
  e. The marginal utility of the next doughnut will be positive.

Question 2

The second glass of Evian water was very good. May I have another? Which of the following is necessarily true regarding this statement?
 a. The marginal utility of the second glass is negative.
  b. The marginal utility of the second glass is less than the marginal utility of the first glass.
  c. The marginal utility of the second glass is positive.
  d. The water is free.
  e. The marginal utility of the third glass is negative.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Eunice618

  • Sr. Member
  • ****
  • Posts: 350
Answer to Question 1

D

Answer to Question 2

C




Chloeellawright

  • Member
  • Posts: 588
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it


duy1981999

  • Member
  • Posts: 341
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

For a complete list of videos, visit our video library