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Author Question: When marginal utility is positive and increasing, then a. total utility must be negative. b. total ... (Read 84 times)

OSWALD

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on: Jun 30, 2018
When marginal utility is positive and increasing, then
 a. total utility must be negative.
  b. total utility must be increasing at an increasing rate.
  c. total utility must be increasing at a decreasing rate.
  d. total utility is decreasing.
  e. total utility is at its maximum point.

Question 2

If Jason's fixed cost totals 800 with variable cost per unit of 10 at a quantity of 100 units, what would his average total cost equal?
 a. 8.10
 b. 18.00
  c. 90.00
  d. 91.00


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vboyd24

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

b


OSWALD

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  • Posts: 580
Reply 2 on: Jun 30, 2018
Excellent

lkanara2

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Reply 3 on: Yesterday
:D TYSM

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