Author Question: If a consumer purchases more of a product, then most likely the marginal utility of _____. a. that ... (Read 101 times)

rl · **on:** Jun 30, 2018

If a consumer purchases more of a product, then most likely the marginal utility of _____.
a. that product decreases
b. that product remains the same
c. other products decrease
d. other products increase
e. that product increases

Question 2

Average fixed cost:
a. remains unchanged as output expands.
b. is defined as the change in total cost divided by the change in output.
c. always increases as output increases.
d. always decreases as output expands.

ashely1112 · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

a

Answer to Question 2

d

rl · **Reply #2 on:** Jun 30, 2018

Correct answers!

ashely1112 · **Reply #3 on:** Jun 30, 2018

Great! Please up vote

Author Question: If a consumer purchases more of a product, then most likely the marginal utility of _____. a. that ... (Read 101 times)

rl

If a consumer purchases more of a product, then most likely the marginal utility of _____. a. that ...

Related Topics

Need homework help now?

ashely1112

If a consumer purchases more of a product, then most likely the marginal utility of _____. a. that ...

rl

If a consumer purchases more of a product, then most likely the marginal utility of _____. a. that ...

ashely1112

If a consumer purchases more of a product, then most likely the marginal utility of _____. a. that ...