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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 75 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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  • Posts: 519
Reply 2 on: Jul 1, 2018
Excellent

momolu

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Reply 3 on: Yesterday
Wow, this really help

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