This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following statements cannot be made regarding consumer preferences? a. Pat enjoys her ... (Read 110 times)

abc

  • Hero Member
  • *****
  • Posts: 543
on: Jul 1, 2018
Which of the following statements cannot be made regarding consumer preferences?
 a. Pat enjoys her second cotton candy less than her first.
  b. Bill enjoys his second cotton candy as much as the first.
  c. Arnie enjoys two cotton candies more than one cotton candy.
  d. Arnie enjoys two cotton candies more than Pat enjoys one cotton candy.
  e. Bill and Arnie enjoy their second cotton candy less than they do their first.

Question 2

Which of the following is true of units of utility?
 a. Each unit is worth 1.
  b. They cannot be compared across consumers.
  c. They apply to goods but not to services.
  d. They do not exist for very wealthy individuals.
  e. They are negative for inferior goods.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

pratush dev

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

B


abc

  • Member
  • Posts: 543
Reply 2 on: Jul 1, 2018
Gracias!

raili21

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Walrus tusk engraving made by Chukchi artisans depicting polar bears attacking walruses. On display Walrus tusk engraving made by Chukchi artisans depicting polar bears attacking walruses. On display
Pap smear. Cells of the cervix (shown in the center) change in appearance as they progress through Pap smear. Cells of the cervix (shown in the center) change in appearance as they progress through
Cystostomy. An artificial opening is made through the urinary bladder wall during this procedure. As Cystostomy. An artificial opening is made through the urinary bladder wall during this procedure. As
Our innate preferences for sugar and fat are sometimes hard to resist. Our innate preferences for sugar and fat are sometimes hard to resist.
How to convert verbal statements into algebraic equations (Part 2) How to convert verbal statements into algebraic equations (Part 2)
What is the discounted value of deposits of $150.00 made at the end of each month for fourteen ... What is the discounted value of deposits of $150.00 made at the end of each month for fourteen ...
Video: Nervous pathway to the Neuromuscular (NMJ)

For a complete list of videos, visit our video library