Author Question: The measure of the benefit you get from consuming the next cup of coffee is your A) marginal ... (Read 95 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?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

For a complete list of videos, visit our video library