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Author Question: Total utility is maximized when the ________ for all goods. A) marginal utility per dollar spent ... (Read 232 times)

serike

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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.


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jharrington11

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

A

Answer to Question 2

C


serike

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

aliotak

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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