Author Question: The measure of the benefit you get from consuming the next cup of coffee is your A) marginal ... (Read 101 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?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

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?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

For a complete list of videos, visit our video library