Amarried couple is trying to finance their three-year-old son’s college education. money can be deposited at 6% compounded quarterly. what end-of-quarter deposit must be made from the son’s 3rd birthday to his 18th birthday to provide $ 60,000 on each birthday from the 18th to the 21st? (note that the first deposit comes three months after his 3rd birthday and the last deposit is made on the date of the first withdrawal.)

a

explanation:

answer(c) factors of production;

answer: marginal utility of the fourth brownie is 0.

explanation: marginal utility is the addtional utility gained from the consumption of one more unit of a good. it is given by,

so, marginal utility at the 4th unit will be given by

since, the values are not given here, you can simply find marginal utility at fourth unit by subtracting total utility at 3rd unit from total utility at 4th unit.