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Author Question: Economists using marginal utility theory assume that consumers' objectives are to A) maximize ... (Read 98 times)

azncindy619

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on: Jun 29, 2018
Economists using marginal utility theory assume that consumers' objectives are to
 
  A) maximize their total utility.
  B) maximize their marginal utility.
  C) maximize their income.
  D) none of the above.

Question 2

A public good can be consumed by
 
  A) only one person who does not have to pay for it.
  B) only one person who has to pay for it.
  C) everyone simultaneously, as long as they pay for it.
  D) everyone simultaneously, even if they do not pay for it.


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leeeep

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

A

Answer to Question 2

D


azncindy619

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

Dnite

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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