Business, 22.06.2019 20:00 pickles3233
What is the difference between total utility and marginal utility? a. marginal utility is subject to the law of diminishing marginal utility while total utility is not. b. total utility represents the consumer optimum while marginal utility gives the total utility per dollar spent on the last unit. c. total utility is the total amount of satisfaction derived from consuming a certain amount of a good while marginal utility is the additional satisfaction gained from consuming an additional unit of the good. d. marginal utility represents the consumer optimum while total utility gives the total utility per dollar spent on the last unit.
Answers: 3
Business, 23.06.2019 02:00
Which type of unemployment would increase if workers lost their jobs because their positions were replaced by an automated process? a) cyclical b) frictional c) international d) structural
Answers: 1
Business, 23.06.2019 23:50
Which of the following statements best describes the results provided by market research? a. market research allows producers to create trends that lead to more sales. b. market research lets producers predict what laws the government is planning to make. c. market research tells producers what consumers want and what they're willing to pay. d. market research producers understand market forces better.
Answers: 2
Business, 24.06.2019 01:50
The economy is driven by a. business b. the consumer c. the government d. all of the above
Answers: 2
Business, 24.06.2019 02:00
Two years from now, the ytm on your bond has declined by 1 percent, and you decide to sell. what price will your bond sell for? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Answers: 3
What is the difference between total utility and marginal utility? a. marginal utility is subject t...
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