This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Scarcity impels an individual to make choices. a. True b. False Indicate whether the statement is ... (Read 210 times)

shenderson6

  • Hero Member
  • *****
  • Posts: 573
on: Jun 30, 2018
Scarcity impels an individual to make choices.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following is true?
 a. Total utility is the aggregate level of satisfaction that results from consumption of a given number of goods and services.
  b. Marginal utility is the additional satisfaction generated by the last unit of a good that is consumed.
 c. Total utility equals marginal utility of the last unit times the number of units consumed.
 d. Both a. and b. are true.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jojobee318

  • Sr. Member
  • ****
  • Posts: 298
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

d


shenderson6

  • Member
  • Posts: 573
Reply 2 on: Jun 30, 2018
Wow, this really help

CAPTAINAMERICA

  • Member
  • Posts: 325
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

True-color view of Mars seen through NASA's Hubble Space Telescope in 1999 True-color view of Mars seen through NASA's Hubble Space Telescope in 1999
Stand over a rocker base to make weight shifts. Stand over a rocker base to make weight shifts.
Each year, the leaders of the world’s eight most powerful nations meet in a secluded place to make ... Each year, the leaders of the world’s eight most powerful nations meet in a secluded place to make ...
The location of the variable fuel sensor can vary, depending on the make and model of vehicle, but ... The location of the variable fuel sensor can vary, depending on the make and model of vehicle, but ...
A factory replacement unit for a CSFI unit that has individual injectors at the ends that go into ... A factory replacement unit for a CSFI unit that has individual injectors at the ends that go into ...
Nutrient-Dense Food Choices Nutrient-dense foods provide more nutrition per calorie and fewer solid Nutrient-Dense Food Choices Nutrient-dense foods provide more nutrition per calorie and fewer solid
Video: Homologous chromosomes during prophase I - Animation

For a complete list of videos, visit our video library