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

Author Question: Economists using marginal utility theory assume that consumers' objectives are to A) maximize ... (Read 141 times)

azncindy619

  • Hero Member
  • *****
  • Posts: 562
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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

leeeep

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


azncindy619

  • Member
  • Posts: 562
Reply 2 on: Jun 29, 2018
Gracias!

parker125

  • Member
  • Posts: 332
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

The Triangular Theory of Love The Triangular Theory of Love
According to Kohlberg’s theory, only a few individuals, such as Martin Luther King, Jr. (left) and ... According to Kohlberg’s theory, only a few individuals, such as Martin Luther King, Jr. (left) and ...
A Diagrammatic Representation of the James-Lange Theory of Emotion A Diagrammatic Representation of the James-Lange Theory of Emotion
Activation Synthesis Theory of Dreams Activation Synthesis Theory of Dreams
Assume z is a standard normal random variable. What is the value of z if the area to the right ... Assume z is a standard normal random variable. What is the value of z if the area to the right ...
Bronfenbrenner's bioecological theory Bronfenbrenner's bioecological theory
Video: Phases of an Action Potential - Resting Potential, Threshold, Rising, Falling, & Recovery Phases

For a complete list of videos, visit our video library