« previous next »

Author Question: Gunther rents Nintendo games and videos. The marginal utility from his last Nintendo game is 10 and ... (Read 138 times)

Sportsfan2111

  • Hero Member
  • *****
  • Posts: 585
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

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« 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?

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

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

A graphical representation of the marginal value theorem. A graphical representation of the marginal value theorem.
A cheetah strangling an impala, Timbavati Game Reserve, South Africa A cheetah strangling an impala, Timbavati Game Reserve, South Africa
Cellcraft Game Cellcraft Game
Exekias (Potter And Painter) AJAX AND ACHILLES PLAYING A GAME Exekias (Potter And Painter) AJAX AND ACHILLES PLAYING A GAME
A Production Function with Diminishing Marginal Product of Capital A Production Function with Diminishing Marginal Product of Capital
A dice game involves throwing three dice and betting on one of the ... A dice game involves throwing three dice and betting on one of the ...
Video: Effect of the environment on coat color in the Himalayan rabbit Animation

For a complete list of videos, visit our video library