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

Author Question: Kathy eats five slices of pizza on a Saturday night but admits each slice of pizza doesn't taste as ... (Read 198 times)

littleanan

  • Hero Member
  • *****
  • Posts: 575
on: May 25, 2020

Question 1

The law of diminishing marginal utility allows us to conclude that
◦ supply curves slope upward.
◦ demand curves slope downward to the right.
◦ a consumer will buy positive amounts of all goods.
◦ total utility will increase by an increasing amount as consumption increases.

Question 2

Kathy eats five slices of pizza on a Saturday night but admits each slice of pizza doesn't taste as good as the previous one. This suggests that for Kathy
◦ the marginal utility of a slice of pizza is negative.
◦ the total utility of slices of pizza is increasing by larger and larger increments.
◦ the marginal utility of a slice of pizza is positive but decreasing.
◦ the total utility of slices of pizza is declining.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by littleanan on May 25, 2020

sokh

  • Sr. Member
  • ****
  • Posts: 357
Reply #1 on: May 25, 2020
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 26% of students answer this correctly


littleanan

  • Member
  • Posts: 575
Reply 2 on: May 25, 2020
YES! Correct, THANKS for helping me on my review

isabelt_18

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

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.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Northern Lights on a Clear Winter Night Northern Lights on a Clear Winter Night
Activation of the Primary Gustatory Cortex by Taste Stimuli Activation of the Primary Gustatory Cortex by Taste Stimuli
This 1900 photograph of steel factories at night in Duquesne, near Pittsburgh, was tinted by hand. S This 1900 photograph of steel factories at night in Duquesne, near Pittsburgh, was tinted by hand. S
The sense of taste. Note: taste buds are located on the anterior and posterior portions of the ... The sense of taste. Note: taste buds are located on the anterior and posterior portions of the ...
TASTE: More Matters: Include Fruit and Vegetables in Meals and Snacks TASTE: More Matters: Include Fruit and Vegetables in Meals and Snacks
Taste Test Taste Test
Video: Carbohydrate Metabolism: Introduction to renal processes and filtrate formation and composition

For a complete list of videos, visit our video library