microeconomics
Question 24 (0.5 points) 1) Listen Quantity Supplied Quantity Demanded Price per period per period $10 200 500 $20 300 450 $30 400 400 $40 500 350 $50 600 300 The table shows the supply and demand schedules for tulips. At a price of there would be an excess of 300 tulips. A) $30; supply B) $10; demand OC) $50; demand D) $10; supply E) $30; demand
Question 25 (0.5 points) Listen If consumption of an extra unit of a product delivers a zero marginal utility, then consumption of that additional unit would mean that total utility would not change. that total utility is also zero. that total utility is increasing. that total utility is decreasing. that the consumer would continue to receive additional satisfaction from any consumption of this good.
microeconomics
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