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

Author Question: If a good is offered to you free of charge, then you a. never stop consuming it b. stop consuming ... (Read 83 times)

bobbysung

  • Hero Member
  • *****
  • Posts: 519
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

izzat

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

A


bobbysung

  • Member
  • Posts: 519
Reply 2 on: Jul 1, 2018
Wow, this really help

Joy Chen

  • Member
  • Posts: 354
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

An engine in good mechanical condition should produce 17 to 21 inches Hg of vacuum at idle at sea ... An engine in good mechanical condition should produce 17 to 21 inches Hg of vacuum at idle at sea ...
Good body mechanics when facing the table directly. A. Head and back in alignment. B. Legs and feet ... Good body mechanics when facing the table directly. A. Head and back in alignment. B. Legs and feet ...
Comparison of free energies of hydrolysis of thioesters and oxygen esters Comparison of free energies of hydrolysis of thioesters and oxygen esters
Carrots are a good source of vitamin A Carrots are a good source of vitamin A
Avocados are a good source of pantothenic acid, dietary fiber, vitamin K Avocados are a good source of pantothenic acid, dietary fiber, vitamin K
Most Canadian seniors rated their health as good to excellent. Most Canadian seniors rated their health as good to excellent.
Video: Muscle cell structures - actin, myosin and titin filaments

For a complete list of videos, visit our video library