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

Author Question: Liz's marginal utility for two different goods is determined by A) her average utility for the ... (Read 56 times)

audragclark

  • Hero Member
  • *****
  • Posts: 579
on: Jun 29, 2018
Liz's marginal utility for two different goods is determined by
 
  A) her average utility for the two goods.
  B) how much benefit she gets from another unit of each of those goods.
  C) summing her total utility from consumption of each good and then dividing by two.
  D) All of the above answers are correct.

Question 2

Which of the following are reasons economists consider valid for trade protection?
 
  I. Protection penalizes countries that have weak environmental standards.
  II. Protection limits dumping of low-wage jobs into the domestic economy.
  III. Protection prevents low-wage jobs in foreign countries from lowering wages in the United States.
  A) I and II
  B) II and III
  C) I, II, and III
  D) none of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

strudel15

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


audragclark

  • Member
  • Posts: 579
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

at

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Although average brain size increases gradually though time in H. erectus, individuals with small br Although average brain size increases gradually though time in H. erectus, individuals with small br
A utility knife uses replaceable blades and can cut carpet and other materials. A utility knife uses replaceable blades and can cut carpet and other materials.
Genetically determined innate immunity due to the species specificity of some infections, due to ... Genetically determined innate immunity due to the species specificity of some infections, due to ...
How to find the average atomic mass of an element How to find the average atomic mass of an element
Average Years of Schooling versus GDP per Capita Average Years of Schooling versus GDP per Capita
Average real hourly wages (2010 dollars) by education level, full-time workers aged 17 to 34 in 2011 Average real hourly wages (2010 dollars) by education level, full-time workers aged 17 to 34 in 2011
Video: Virtual Tour of the Eye Animation

For a complete list of videos, visit our video library