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

Author Question: If the utility function (U) between food (F) and clothing (C) can be represented as U = , the ... (Read 92 times)

frankwu

  • Hero Member
  • *****
  • Posts: 549
on: Jun 18, 2019
If the utility function (U) between food (F) and clothing (C) can be represented as U = , the marginal utility of food equals
◦ 1/2.
◦ .
◦ .
◦ 1/2.
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by frankwu on Jun 18, 2019

verrinzo

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jun 18, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


frankwu

  • Hero Member
  • *****
  • Posts: 549
Reply #2 on: Jun 18, 2019
Excellent


verrinzo

  • Sr. Member
  • ****
  • Posts: 346
Reply #3 on: Jun 18, 2019
Great! Please up vote :D


madam-professor

  • Hero Member
  • *****
  • Posts: 584
Reply #4 on: Jun 18, 2019
If the utility function (U) between food (F) and clothing (C) can be represented as U = , the marginal utility of food
◦ increases as one obtains more clothing.
◦ is not affected by the amount clothing.
◦ is not positive.
◦ does not diminish as food increases.


Ddddd

  • Sr. Member
  • ****
  • Posts: 334
Reply #5 on: Jun 18, 2019
increases as one obtains more clothing.


Arii_bell

  • Hero Member
  • *****
  • Posts: 596
Reply #6 on: Jun 18, 2019
If the utility function (U) between food (F) and clothing (C) can be represented as U = , the marginal rate of substitution of clothing for food equals
◦ -.
◦ -F/C.
◦ -.
◦ -C/F.


jojobee318

  • Sr. Member
  • ****
  • Posts: 298
Reply #7 on: Jun 18, 2019
-C/F.


Arii_bell

  • Hero Member
  • *****
  • Posts: 596
Reply #8 on: Jun 18, 2019
TY


jojobee318

  • Sr. Member
  • ****
  • Posts: 298
Reply #9 on: Jun 18, 2019
You're welcome


« previous next »
 

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

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?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Human immunodeficiency virus gains entry into helper T cells, uses the cell DNA to replicate, interf Human immunodeficiency virus gains entry into helper T cells, uses the cell DNA to replicate, interf
Sustainable Food Security Sustainable Food Security
How to find the domain of a function (Part 2) How to find the domain of a function (Part 2)
Comparing a Food Chain and a Food Web Comparing a Food Chain and a Food Web
Derivative of Reciprocal Trig Function Derivative of Reciprocal Trig Function
From the following function, find the value of a, so that the AROC From the following function, find the value of a, so that the AROC
Video: Bone Growth and Remodeling

For a complete list of videos, visit our video library