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

Author Question: For Matthew, the marginal utility of the 9th soda in a day is positive and the marginal utility of ... (Read 180 times)

torybrooks

  • Hero Member
  • *****
  • Posts: 500
on: Apr 19, 2019

For Matthew, the marginal utility of the 9th soda in a day is positive and the marginal utility of the 10th soda in a day is zero. This


◦ implies that Matthew's demand curve for sodas per day will become upward sloping at 10 sodas per day.
◦ is impossible because each additional unit of consumption of any good must provide positive marginal utility.
◦ implies that at a zero price Matthew's demand curve will intersect the quantity axis at 10.
◦ implies that Matthew maximizes utility by consuming 9 sodas per day.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by torybrooks on Apr 19, 2019

jrpg123456

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 49% of students answer this correctly


torybrooks

  • Hero Member
  • *****
  • Posts: 500
Reply #2 on: Apr 19, 2019
TY


jrpg123456

  • Sr. Member
  • ****
  • Posts: 317
Reply #3 on: Apr 19, 2019
You're welcome


« previous next »
 

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Caravaggio, The Calling of St. Matthew. Caravaggio, The Calling of St. Matthew.
A positive feedback loop. A positive feedback loop.
Gram positive S. pyogenes bacteria in chains. Gram positive S. pyogenes bacteria in chains.
Use a DMM set to read DC volts to check the voltage drop of the positive circuit to the fuel ... Use a DMM set to read DC volts to check the voltage drop of the positive circuit to the fuel ...
Marginal Supply - Demand Curve Marginal Supply - Demand Curve
A Production Function with Diminishing Marginal Product of Capital A Production Function with Diminishing Marginal Product of Capital
Video: Normal and abnormal blood pH

For a complete list of videos, visit our video library