Which of the following is a possible advantage of a free market ...

[acc299]

Which of the following is a possible advantage of a free market condition?
 a. In a free market, consumers are offered discounts on the purchase of products.
 b. In a free market, all goods and services are offered for free to households below the poverty line.
 c. In a free market, continuous government intervention helps keep the price of products under control.
 d. In a free market, competition among sellers helps the consumers purchase a product at the lowest possible price.
  e. In a free market, consumers have limited products to choose from, thereby assuring less confusion and better quality.

Question 2

The total utility from consuming five cups of coffee is 15, 27, 37, 46, and 54 utils, respectively. The marginal utility of the fourth cup of coffee is:
 a. 48.
  b. 54.
  c. 9.
 d. 6.

[orangecrush]

Answer to Question 1

d

Answer to Question 2

c

[acc299]

Gracias!

[TheDev123]

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