« previous next »

Author Question: The reason that you don't drink five cups of coffee at breakfast is that a. the marginal utility of ... (Read 98 times)

james0929

  • Hero Member
  • *****
  • Posts: 586
on: Jul 1, 2018
The reason that you don't drink five cups of coffee at breakfast is that
 a. the marginal utility of extra cups of coffee eventually diminishes
  b. most people cannot afford five cups
  c. the total utility of coffee rises as you consume more cups
  d. the price of coffee rises as you buy more cups
  e. the marginal satisfaction derived from cups of coffee remains constant

Question 2

The marginal utility of a second copy of today's New York Times is
 a. infinite
  b. practically zero
  c. positive and greater than the marginal utility of the first copy
  d. equal to the marginal utility of the first copy
  e. 50 cents


LegendaryAnswers

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

H2O Drink H2O Drink
Single-serve cups of infant formula Single-serve cups of infant formula
An organizational specialist is hired as a consultant to a company planning to open a coffee ... An organizational specialist is hired as a consultant to a company planning to open a coffee ...
Dominican pink drink Dominican pink drink
Dominican breakfast Dominican breakfast
Video: Gastroesophageal Reflux Disease (GERD)

For a complete list of videos, visit our video library