Author Question: The measure of the benefit you get from consuming the next cup of coffee is your A) marginal ... (Read 102 times)

olgavictoria

  • Hero Member
  • *****
  • Posts: 528
The measure of the benefit you get from consuming the next cup of coffee is your
 
  A) marginal utility of coffee.
  B) total utility from coffee.
  C) total utility per dollar spent on coffee.
  D) total utility from coffee when you are at your consumer equilibrium.

Question 2

The above figure depicts an economy with a short-run equilibrium
 
  A) at full employment.
  B) below full employment.
  C) at higher than full employment.
  D) at zero unemployment



pami445

  • Sr. Member
  • ****
  • Posts: 303
Answer to Question 1

A

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

For a complete list of videos, visit our video library