Author Question: Refer to the scenario above. Jill will derive ________ units of utility if she tries to move the ... (Read 254 times)

Beheh · **on:** Jun 29, 2018

Refer to the scenario above. Jill will derive ________ units of utility if she tries to move the tree while Jack does not try at all.

A) 5
B) -5
C) -2
D) 10

Question 2

Suppose you must pay a non-refundable 200 down payment to order a new item. Pick the true statement below.

A) The 200 represents a marginal cost before you commit to the down payment.
B) The 200 represents a sunk cost after you've committed to the down payment.
C) Both A and B are true.
D) Neither A nor B are true.