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

Author Question: If MU x/ P xexceeds MU y/ P y, then a household can increase its utility by spending more on X and less on Y. (Read 52 times)

P68T

  • Hero Member
  • *****
  • Posts: 509

Question 1

A negative marginal utility implies negative total utility.


◦ true
◦ false

Question 2

If 
MU
x/
P
x exceeds 
MU
y/
P
y, then a household can increase its utility by spending more on X and less on 
Y.


◦ true
◦ false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by P68T on Apr 19, 2019

jonathanballen97

  • Sr. Member
  • ****
  • Posts: 347
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 56% of students answer this correctly




P68T

  • Member
  • Posts: 509
Reply 2 on: Apr 19, 2019
Thanks for the timely response, appreciate it


amit

  • Member
  • Posts: 364
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

For a complete list of videos, visit our video library