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

Author Question: For most goods and most people, marginal utility probably: a. continues to increase as larger ... (Read 16 times)

azncindy619

  • Hero Member
  • *****
  • Posts: 562
on: Jun 30, 2018
For most goods and most people, marginal utility probably:
 a. continues to increase as larger quantities are purchased.
  b. declines as consumption increases.
 c. plummets after the first few units but soon begins to rise.
  d. is negative after the first unit of a good is purchased.

Question 2

Which of the following goods is likely to have a derived demand?
 a. Tractor
  b. T-shirt
  c. Italian food
  d. Residential buildings
  e. Cigarettes


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

abro1885

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

a


azncindy619

  • Member
  • Posts: 562
Reply 2 on: Jun 30, 2018
Gracias!

atrochim

  • Member
  • Posts: 331
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Worldly Goods Worldly Goods
The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
Homeless people sleeping on the streets is a common sight in India’s cities. I took this photo in ... Homeless people sleeping on the streets is a common sight in India’s cities. I took this photo in ...
The energy set-point view that is the basis of many people’s thinking about hunger and eating. The energy set-point view that is the basis of many people’s thinking about hunger and eating.
Marginal Supply - Demand Curve Marginal Supply - Demand Curve
People who are color-blind see colors differently. (a) Those with normal vision see the red leaves. People who are color-blind see colors differently. (a) Those with normal vision see the red leaves.
Video: Alzheimer's Disease

For a complete list of videos, visit our video library