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

Author Question: Total utility is maximized when a consumer has spent all of his or her income and A) spent equal ... (Read 76 times)

jman1234

  • Hero Member
  • *****
  • Posts: 560
on: Jun 29, 2018
Total utility is maximized when a consumer has spent all of his or her income and
 
  A) spent equal amounts on all goods.
  B) marginal utility is maximized.
  C) the total utility per dollar from all goods is equal.
  D) the marginal utility per dollar from all goods is equal.

Question 2

The supplier of your ________ is most likely a monopoly.
 
  A) shoes
  B) toothpaste
  C) textbooks
  D) home electricity


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Kingjoffery

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

D


jman1234

  • Member
  • Posts: 560
Reply 2 on: Jun 29, 2018
Gracias!

flexer1n1

  • Member
  • Posts: 373
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Demonstration of equal segregation within one meiocyte in the yeast S. cerevisiae Demonstration of equal segregation within one meiocyte in the yeast S. cerevisiae
Torque is a twisting force equal to the distance from the pivot point times the force applied ... Torque is a twisting force equal to the distance from the pivot point times the force applied ...
Find the lateral area, total surface area, and volume of the frustum Find the lateral area, total surface area, and volume of the frustum
Total allowable and actual catch, Grand Bank Atlantic Cod 1959 -2012 Total allowable and actual catch, Grand Bank Atlantic Cod 1959 -2012
Understanding Food Claims Not all label claims are created equal! Understanding Food Claims Not all label claims are created equal!
Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ... Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ...
Video: Fertilization and Development

For a complete list of videos, visit our video library