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Author Question: From the information in the above table, what is the marginal utility of the third quart of ice ... (Read 29 times)

panfilo

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on: Jun 29, 2018
From the information in the above table, what is the marginal utility of the third quart of ice cream?
 
  A) 80
  B) 70
  C) 60
  D) 230

Question 2

In the above table, if the firm produces 2 units of output, it will
 
  A) make an economic profit of 9.
  B) make an economic profit of 60.
  C) incur an economic loss of 9.
  D) incur an economic loss of 60.


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sarahccccc

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

C

Answer to Question 2

C


panfilo

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Reply 2 on: Jun 29, 2018
Gracias!

dantucker

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

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