Refer to the figure below. The marginal utility of consuming the 2nd apple is: A.15 B.10 C.20 D.35 正确答案:15
Refer to the figure below. The marginal utility of apples is:
浏览:206Refer to the figure below. The marginal utility of apples is: A.decreasing after the first apple. B.constantly increasing. C.constant. D.first increasing, but decreasing after the fourth apple. 正确答案:decreasing after the first apple.
Refer to the figure below. The marginal utility of the 5th apple is:
浏览:249Refer to the figure below. The marginal utility of the 5th apple is: A.45 B.5 C.-5 D.0 正确答案:-5
Refer to the figure below. Total utility _ as additional apples are consumed, but marginal utility _ with each additional apple consumed.
浏览:318Refer to the figure below. Total utility _ as additional apples are consumed, but marginal utility _ with each additional apple consumed. A.first increases then decreases; decreases B.first decreases then increases; decreases C.first decreases then increases; increases D.first in … 阅读详情>> "Refer to the figure below. Total utility _ as additional apples are consumed, but marginal utility _ with each additional apple consumed."
If Terry’s total utility is maximized when he owns 10 pairs of shoes, then Terry’s total utility from owning 7 pairs of shoes is __ Terry’s total utility from owning 8 pairs.
浏览:221If Terry’s total utility is maximized when he owns 10 pairs of shoes, then Terry’s total utility from owning 7 pairs of shoes is __ Terry’s total utility from owning 8 pairs. A.equal to B.greater than C.less than D.less than or equal to 正确答案:less than
The tendency for marginal utility to decline as consumption increases beyond some point is called:
浏览:247The tendency for marginal utility to decline as consumption increases beyond some point is called: A.the law of diminishing marginal utility B.the law of demand C.the rational spending rule D.utility maximization 正确答案:the law of diminishing marginal utility
If the marginal utility of the 3rd cup of coffee is 23 and the marginal utility of the 4th cup is 15, then:
浏览:258If the marginal utility of the 3rd cup of coffee is 23 and the marginal utility of the 4th cup is 15, then: A.there is evidence of diminishing marginal utility. B.it is optimal for the consumer to have 3 cups of coffee. C.the price of a cup of coffee must be relatively low. D.it … 阅读详情>> "If the marginal utility of the 3rd cup of coffee is 23 and the marginal utility of the 4th cup is 15, then:"
According to the law of diminishing marginal utility:
浏览:280According to the law of diminishing marginal utility: A.as you consume less of something, your marginal utility from consuming that good will increase. B.you should never consume more of something if your marginal utility is decreasing. C.if your total utility is increasing as yo … 阅读详情>> "According to the law of diminishing marginal utility:"
Cory gets 18, 23, and 25 units worth of total utility from consuming 10, 11, and 12 raw oysters, respectively, and the price per oyster is 25 cents. Thus, one can infer that Cory:
浏览:266Cory gets 18, 23, and 25 units worth of total utility from consuming 10, 11, and 12 raw oysters, respectively, and the price per oyster is 25 cents. Thus, one can infer that Cory: A.has consumed too many oysters. B.is not maximizing his utility. C.should not consume any more oyst … 阅读详情>> "Cory gets 18, 23, and 25 units worth of total utility from consuming 10, 11, and 12 raw oysters, respectively, and the price per oyster is 25 cents. Thus, one can infer that Cory:"
Refer to the figure below. As Jeff watches more movies, his marginal utility:
浏览:325Refer to the figure below. As Jeff watches more movies, his marginal utility: A.gets smaller B.gets close to one C.gets larger D.does not change 正确答案:gets smaller
Refer to the figure below. When Jeff goes from watching 3 to 4 movies a day, his total utility:
浏览:220Refer to the figure below. When Jeff goes from watching 3 to 4 movies a day, his total utility: A.does not change. B.increases. C.decreases. D.gets close to zero. 正确答案:increases.
Refer to the figure below. For Jeff, the consumption of movies reflects the law of:
浏览:204Refer to the figure below. For Jeff, the consumption of movies reflects the law of: A.demand. B.diminishing marginal utility. C.marginal utility maximization. D.total utility maximization. 正确答案:diminishing marginal utility.