If callum is consuming his utility maximizing bundle and the price of one good rises, what happens to the marginal utility per dollar spent on this good (mu/p), and what should callum do?

Which statement describes the term economics? a. it is the study of using limited resources to fulfill wants and needs. b. it is the study of how governments fulfill the wants and needs of nations. c. it is the study of how people spend their money to fulfill wants and needs.

Carson has only $20 bills and $10 bill in her wallet. the total value of the bills is $50. she has 1 more $20 bill than $10 bills. how many each kind of bill does carson have? a. one $20 and two $10 bills b. two $20 bills and one $10 bill c. one $20 bills and three $10 bills d. two $20 bills and two $10 bills

The cone in the diagram has the same height and base area as the prism. what is the ratio of the volume of the cone to the volume of the prism? h hl base area-b base area =b volume of cone_1 volume of prism 2 volume of cone 1 volume of prism 3 volume of cone 2 volume of prism 3 oc. od. volume of cone volume of prism e. volume of cone volume of prism 3 2