« previous next »

Author Question: Marginal utility is the a. overall satisfaction obtained from consuming a good b. additional ... (Read 365 times)

09madisonrousseau09

  • Hero Member
  • *****
  • Posts: 559
on: Jul 1, 2018
Marginal utility is the
 a. overall satisfaction obtained from consuming a good
  b. additional satisfaction obtained from consuming one more unit of a good
  c. average satisfaction obtained from consuming a good
  d. the change in satisfaction obtained from consuming 1 percent more of a good
  e. additional cost of one more unit of a good

Question 2

Utility is determined by an individual's
 a. income
  b. price
  c. relative price
  d. profit
  e. tastes and preferences


Ptupou85

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

E


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

09madisonrousseau09

  • Hero Member
  • *****
  • Posts: 559
Reply #2 on: Jul 1, 2018
Thank you :)


Ptupou85

  • Sr. Member
  • ****
  • Posts: 334
Reply #3 on: Jul 1, 2018
Happy to help you


« previous next »
 

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Some breeds of dogs that have been obtained by selective breeding. Some breeds of dogs that have been obtained by selective breeding.
What makes tea so good What makes tea so good
Good contact feels full, confident, and deliberate and establishes a warm connection between massage ... Good contact feels full, confident, and deliberate and establishes a warm connection between massage ...
Good Old War - Part Of Me [Audio] Good Old War - Part Of Me [Audio]
The Brain and Alcohol As you consume more alcohol, additional areas of your brain are affected The Brain and Alcohol As you consume more alcohol, additional areas of your brain are affected
Consuming a Healthy Diet Consuming a Healthy Diet
Video: Type of Cell Junctions - Desmosome, Hemidesmosomes and Gap Junctions

For a complete list of videos, visit our video library