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

Author Question: A consumer maximizes utility by allocating time so that the expected marginal utilities of the last ... (Read 102 times)

kfurse

  • Hero Member
  • *****
  • Posts: 590
on: Jun 30, 2018
A consumer maximizes utility by allocating time so that the expected marginal utilities of the last unit of time spent in each activity are identical.
 a. True
  b. False

Question 2

The official poverty level in the United States
 a. has been the same since 1980
  b. is the same as in other developed countries because it is based on a United Nations definition
  c. is defined by the United Nations
  d. is defined by the Department of Agriculture and based on food costs
  e. has been adjusted for inflation but not for changes in family size


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kiamars2010

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

D


kfurse

  • Hero Member
  • *****
  • Posts: 590
Reply #2 on: Jun 30, 2018
Thank you


kiamars2010

  • Sr. Member
  • ****
  • Posts: 341
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

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?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Principles of time management Principles of time management
The first commercially successful typewriter, manufactured in quantity beginning in 1874, surely fue The first commercially successful typewriter, manufactured in quantity beginning in 1874, surely fue
Sterilization Time Requirements Cont Sterilization Time Requirements Cont
In early capitalism, children worked alongside adults. At that time, just as today, most street ... In early capitalism, children worked alongside adults. At that time, just as today, most street ...
Press into points along the neck with your thumb, one side at a time. Apply circular friction to ... Press into points along the neck with your thumb, one side at a time. Apply circular friction to ...
Disitive Time For Water Disitive Time For Water
Video: Double Stranded DNA Molecule Animation

For a complete list of videos, visit our video library