microeconomics

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

microeconomics

Post by answerhappygod »

microeconomics
Microeconomics 1
Microeconomics 1 (95.34 KiB) Viewed 43 times
Question 41 (0.5 points) 4) Listen ► Use the information in the table below which shows the utility obtained by consuming various quantities of the two goods. Quantity of Muffins Cups of Coffee Total Utility Total Utility 1 40 1 45 2 60 2 75 3 72 3 102 4 82 4 120 5 88 5 135 6 90 6 145 The second cup of coffee provides a marginal utility of? O a) zero Ob) 30 Oc) 18 d) 75 O e) 10
Question 42 (0.5 points) Listen ► Use the information in the table below which shows the utility obtained by consuming various quantities of the two goods Quantity of Muffins Cups of Coffee Total Utility Total Utility 1 40 1 45 2 60 2 75 3 72 3 102 4 82 4 120 5 88 5 135 6 90 6 145 $2 is the price of a muffin and a cup of coffee costs $3. What is the marginal utility per dollar spent on the third muffin? a) 36 b) 5 O c) 6 d) 72 e) 12
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply