« previous next »

Author Question: The above table shows Homer's marginal utility from consuming various quantities of chocolate chip ... (Read 153 times)

daltonest1984

  • Hero Member
  • *****
  • Posts: 536
on: Jun 29, 2018
The above table shows Homer's marginal utility from consuming various quantities of chocolate chip cookies and cake. The price of cookies is 1 per pound, the price of cake is 2 per slice and Homer has 9 to spend on cookies and cake.
 
  Homer will consume ________ pounds of cookies and ________ slices of cake. A) 5; 2
  B) 2; 5
  C) 3; 3
  D) None of the above answers is correct.

Question 2

Sandra's Sweaters' production function is shown in the above table. Sandra rents three knitting machines for 30 a day each and hires workers at a wage rate of 40 a day. If Sandra produces 18 sweaters per day, what is her average total cost?
 
  A) 5.00
  B) 6.67
  C) 9.44
  D) 10.00


Bsand8

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

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?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

The Periodic Table (Part 2) The Periodic Table (Part 2)
Mechanical ventilation. The photograph shows a patient receiving breathing assistance by the use of Mechanical ventilation. The photograph shows a patient receiving breathing assistance by the use of
Walk around the head of the table to the left side and reach across to perform threecount stroking ... Walk around the head of the table to the left side and reach across to perform threecount stroking ...
table table
table table
Letter Frequency Table Letter Frequency Table
Video: Phases of the ovarian cycle

For a complete list of videos, visit our video library