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

Author Question: As a consumer buys more of a good, total utility eventually becomes negative. a. True b. ... (Read 99 times)

dmcintosh

  • Hero Member
  • *****
  • Posts: 517
As a consumer buys more of a good, total utility eventually becomes negative.
 a. True
  b. False

Question 2

The law of diminishing marginal utility implies that the marginal utility of my fifth hot dog is less than the marginal utility of my second soft drink, other things constant.
 a. True
  b. False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Ddddd

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

B

Answer to Question 2

B




dmcintosh

  • Member
  • Posts: 517
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)


billybob123

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Excellent

 

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

For a complete list of videos, visit our video library