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 32 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?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

The structure and function of the renal corpuscle. The structure and function of the renal corpuscle.
Simple food web of an Arctic island. NOTE: The indication of detritivores and pathogens was not part Simple food web of an Arctic island. NOTE: The indication of detritivores and pathogens was not part
Food dish Food dish
Anatomical sites for cardiac function Anatomical sites for cardiac function
Gui (grilled food) Samgyeopsal gui Gui (grilled food) Samgyeopsal gui
Algebraically determine the x intercept of the exponential function Algebraically determine the x intercept of the exponential function
Video: Complement Proteins Animation

For a complete list of videos, visit our video library