This topic contains a solution. Click here to go to the answer

Author Question: If a good is offered to you free of charge, then you a. never stop consuming it b. stop consuming ... (Read 36 times)

bobbysung

  • Hero Member
  • *****
  • Posts: 519
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
Answer to Question 1

D

Answer to Question 2

A




bobbysung

  • Member
  • Posts: 519
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)


bigcheese9

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

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

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

For a complete list of videos, visit our video library