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

Author Question: If the utility function (U) between food (F) and clothing (C) can be represented as U = , the ... (Read 121 times)

frankwu

  • Hero Member
  • *****
  • Posts: 549
on: Jun 18, 2019
If the utility function (U) between food (F) and clothing (C) can be represented as U = , the marginal utility of food equals
◦ 1/2.
◦ .
◦ .
◦ 1/2.
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by frankwu on Jun 18, 2019

verrinzo

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jun 18, 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 56% of students answer this correctly


frankwu

  • Hero Member
  • *****
  • Posts: 549
Reply #2 on: Jun 18, 2019
Excellent


verrinzo

  • Sr. Member
  • ****
  • Posts: 346
Reply #3 on: Jun 18, 2019
Great! Please up vote :D


madam-professor

  • Hero Member
  • *****
  • Posts: 584
Reply #4 on: Jun 18, 2019
If the utility function (U) between food (F) and clothing (C) can be represented as U = , the marginal utility of food
◦ increases as one obtains more clothing.
◦ is not affected by the amount clothing.
◦ is not positive.
◦ does not diminish as food increases.


Ddddd

  • Sr. Member
  • ****
  • Posts: 334
Reply #5 on: Jun 18, 2019
increases as one obtains more clothing.


Arii_bell

  • Hero Member
  • *****
  • Posts: 596
Reply #6 on: Jun 18, 2019
If the utility function (U) between food (F) and clothing (C) can be represented as U = , the marginal rate of substitution of clothing for food equals
◦ -.
◦ -F/C.
◦ -.
◦ -C/F.


jojobee318

  • Sr. Member
  • ****
  • Posts: 298
Reply #7 on: Jun 18, 2019
-C/F.


Arii_bell

  • Hero Member
  • *****
  • Posts: 596
Reply #8 on: Jun 18, 2019
TY


jojobee318

  • Sr. Member
  • ****
  • Posts: 298
Reply #9 on: Jun 18, 2019
You're welcome


« previous next »
 

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Structure and function of phage T4 Structure and function of phage T4
Pulmonary function test Pulmonary function test
Selected Vitamins: Food Sources, Functions, and Deficiency and Toxicity Symptoms (continued) Selected Vitamins: Food Sources, Functions, and Deficiency and Toxicity Symptoms (continued)
How B Vitamins Function as Coenzymes (b) How B Vitamins Function as Coenzymes (b)
Which Is Cheaper: Fast Food or a Homemade Lunch? Which Is Cheaper: Fast Food or a Homemade Lunch?
Testing motor function of cranial nerve VII - Close both eyes Testing motor function of cranial nerve VII - Close both eyes
Video: The pH scale - Strong acids and Weak acids

For a complete list of videos, visit our video library