This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Total utility is maximized when the ________ for all goods. A) marginal utility per dollar spent ... (Read 234 times)

serike

  • Hero Member
  • *****
  • Posts: 542
on: Jun 29, 2018
Total utility is maximized when the ________ for all goods.
 
  A) marginal utility per dollar spent is equal
  B) marginal utilities are zero
  C) marginal utilities are maximized
  D) marginal utilities are negative

Question 2

Game theory is distinctive in that its elements are
 
  A) costs, prices, and profits.
  B) revenues, elasticity, and profits.
  C) rules, strategies, payoffs, and outcomes.
  D) patents, copyrights, and barriers to entry.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jharrington11

  • Sr. Member
  • ****
  • Posts: 365
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


serike

  • Member
  • Posts: 542
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

kswal303

  • Member
  • Posts: 316
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Eclipse Paths for Total and Annular Eclipses 2001–2020 Eclipse Paths for Total and Annular Eclipses 2001–2020
Robert K. Merton (1910–2003), who spent most of his academic career at Columbia University, was a ... Robert K. Merton (1910–2003), who spent most of his academic career at Columbia University, was a ...
Mel Chin, Operation Paydirt/Fundred Dollar Bill Project. Mel Chin, Operation Paydirt/Fundred Dollar Bill Project.
A Production Function with Diminishing Marginal Product of Capital A Production Function with Diminishing Marginal Product of Capital
The time spent in each interval of one complete cell cycle of a human cell in culture The time spent in each interval of one complete cell cycle of a human cell in culture
What is the total number of valence electrons in a silicate ion, SiO32-? What is the total number of valence electrons in a silicate ion, SiO32-?
Video: Nervous pathway to the Neuromuscular (NMJ)

For a complete list of videos, visit our video library