Author Question: If total utility from consuming five cups of cocoa is 10, 22, 32, 41, and 49 utils, respectively, ... (Read 58 times)

K@

  • Hero Member
  • *****
  • Posts: 608
If total utility from consuming five cups of cocoa is 10, 22, 32, 41, and 49 utils, respectively, the marginal utility of the fourth cup of coffee is 9.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following is true of the General Agreement on Tariffs and Trade (GATT)?
 a. It is now called the World Agreement on Trade and Tariffs.
  b. It was the global trade agreement that did away with the gold standard.
  c. It was a policy of the United States to raise tariffs on imported sugar.
  d. It was the first global trade agreement that followed World War II.
  e. It was a global trade agreement to raise tariffs.



Ahernandez18

  • Sr. Member
  • ****
  • Posts: 361
Answer to Question 1

True

Answer to Question 2

d



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

For a complete list of videos, visit our video library