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Author Question: If a good is offered to you free of charge, then you a. never stop consuming it b. stop consuming ... (Read 59 times)

bobbysung

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on: Jul 1, 2018
If a good is offered to you free of charge, then you
 a. never stop consuming it
  b. stop consuming it when its marginal utility begins to fall
  c. stop consuming it when its marginal utility begins to increase
  d. stop consuming it when its marginal utility equals 0
  e. stop consuming it when its total utility equals 0

Question 2

A free good (price = 0) will be consumed up to the point at which its marginal utility is zero.
 a. True
  b. False


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izzat

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Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

A


bobbysung

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

EAN94

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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