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Author Question: Gunther rents Nintendo games and videos. The marginal utility from his last Nintendo game is 10 and ... (Read 146 times)

Sportsfan2111

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on: Jun 29, 2018
Gunther rents Nintendo games and videos. The marginal utility from his last Nintendo game is 10 and that from his last video is 5. Nintendo games rent for 2 each. Gunther's demand curve for games is shown in the figure above.
 
  How many videos a week does Gunther rent? A) 1
  B) 2
  C) 3
  D) 4

Question 2

Of the following, which is the most accurate indicator of the degree of inequality?
 
  A) distribution of annual income
  B) distribution of lifetime income
  C) distribution of wealth
  D) distribution of the sum of wealth and annual income


emily12345

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


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