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

Author Question: Marginal Utility per DollarAt Marcia's consumer equilibrium, she purchases 1 diamond and 5,840 ... (Read 96 times)

jenniferbaugh1984

  • Full Member
  • ***
  • Posts: 158
Marginal Utility per Dollar

At Marcia's consumer equilibrium, she purchases 1 diamond and 5,840 bottles of water a year. If the price of diamonds is $7000 and the price of water is $0.75 and the total utility from purchasing one diamond is 11,840, what is the marginal utility Marcia receives from the 5,840th bottle of water? Please round your final answer to two decimal places.
◦ 11,840
◦ 1.27
◦ 7416.8
◦ 0.44


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jenniferbaugh1984 on Nov 23, 2022

my33251

  • Full Member
  • ***
  • Posts: 158
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 64% of students answer this correctly




jenniferbaugh1984

  • Member
  • Posts: 158
Reply 2 on: Nov 23, 2022
Great answer, keep it coming :)


aruss1303

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Excellent

 

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

For a complete list of videos, visit our video library