« previous next »

Author Question: Suppose the marginal utilities for the first three cans of soda are 100, 80 and 60, respectively. ... (Read 108 times)

Diane

  • Hero Member
  • *****
  • Posts: 576
on: Jun 29, 2018
Suppose the marginal utilities for the first three cans of soda are 100, 80 and 60, respectively. The total utility received from consuming 2 cans is
 
  A) 20. B) 80. C) 90. D) 180.

Question 2

When firms analyze the relationship between their level of production and their costs they separate the time period involved into
 
  A) a fixed period and a variable period.
  B) morning and evening.
  C) the short run and the long run.
  D) 6 months or less; 6 months to 1 year; more than 1 year.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


dellikani2015

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

Diane

  • Hero Member
  • *****
  • Posts: 576
Reply #2 on: Jun 29, 2018
Thank you :)


dellikani2015

  • Sr. Member
  • ****
  • Posts: 332
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Soda Soda
Do you know how many calories are in your chips-and-soda “study snack”? Do you know how many calories are in your chips-and-soda “study snack”?
How Much Hidden Sugar Is in Soda? How Much Hidden Sugar Is in Soda?
Marginal Products of Physical and Human Capital Marginal Products of Physical and Human Capital
Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ... Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ...
A highway curve of radius 80 m is banked at 45°. Suppose that an ice storm hits, and the ... A highway curve of radius 80 m is banked at 45°. Suppose that an ice storm hits, and the ...
Video: The pH scale - Strong acids and Weak acids

For a complete list of videos, visit our video library