Homework Answers
1. Utility is maximied when 6 the unit of good are consumed
2. Upto 6 th unit consumption, marginal utility is positive. after that marginal unlity becomes negative
3. 4th unit could be consumed before diminishing marginal utility sets in.
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Score: 0% Resources Hint Check Answer F16 > Refer to the total utility curve in the...
Assignment Score: NaN% Resources Hint Check Answer Question 4 of 13 > The graph shows the...
Assignment Score: NaN% Resources Hint Check Answer Question 4 of 13 > The graph shows the aggregate demand (AD) curve and the long-run aggregate supply (LRAS) curve for a hypothetical economy. Suppose that the economy experiences an increase in the human capital of workers, causing productivity to rise Show the effect of this change by shifting one of the curves in the graph. How will this change affect the price level? The price level will rise. The price level will...
Assignment Score: 77.7% Resources Hint Check Answer Question 20 of 23 > The accompanying graph depicts...
Assignment Score: 77.7% Resources Hint Check Answer Question 20 of 23 > The accompanying graph depicts a hypothetical market for analog TVs. In June 2009, the U.S. Federal Communications Commission (FCC) mandated that all over-the-air television broadcasts originating in the U.S. must be broadcast digitally instead of the traditional analog signal. These digital transmissions cannot be decoded by traditional analog TVs but require either a digital decoder be attached to an analog TV or a natively digital TV. Both sellers...
Assignment Score: 13.3% Resources Ex Give Up? O Hint Check Answer Question 3 of 15 >...
Assignment Score: 13.3% Resources Ex Give Up? O Hint Check Answer Question 3 of 15 > Suppose that the economy of Monaco is represented by the aggregate demand (AD), short-run aggregate supply (SRAS), and long-run aggregate supply (LRAS) curves in the accompanying graph. LRAS SRAS a. Based on the graph, Monaco is O experiencing a deflationary gap. O experiencing an inflationary gap. O currently at long-run equilibrium. Aggregate price level b. Which of the following policies eliminate this phenomenon? 0...
Total utility curve A Units of utility Total utility curve B Total utility curve C 0 2 3 4 5 6 Quantity (tomatoes per m...
Total utility curve A Units of utility Total utility curve B Total utility curve C 0 2 3 4 5 6 Quantity (tomatoes per month) 11) In the figure above, diminishing marginal utility is shown by A) total utility curve A. B) total utility curve B. C) total utility curve C. D) all three curves. Quantity of Marginal utility from Quantity of Marginal utility from skiing skiing skating skating 50 1 2 40 70 40 30 20 30 10 12)...
Units Consumed Total Utility Marginal Utility 11. Refer to data above. Fill in the numerical value...
Units Consumed Total Utility Marginal Utility 11. Refer to data above. Fill in the numerical value using W,Y, and Y and compute Marginal utility values. To identify where marginal utility becomes negative beginning with the: A. first unit. B. second unit. C. third unit. D. fourth unit.
ent Score: 0% Resources Hint Check Answer of 16 > Mauricio has a circus act that...
ent Score: 0% Resources Hint Check Answer of 16 > Mauricio has a circus act that involves monkeys on unicycles. Mauricio has a fixed amount to spend on unicycles and monkeys. The graph shows Mauricio's initial budget constraint. The price per unicycle is $120 and per monkey is $90. Using the graph, show what happens to Mauricio's budget line when the price of unicycles increases to $180. What is Mauricio's budget for monkeys and unicycles? Quantity of unicycles Mauricio's budget:...
Assignment Score: 0/800 Resources Hint Check Answer Question 1 of 8 > How many grams of...
Assignment Score: 0/800 Resources Hint Check Answer Question 1 of 8 > How many grams of Cl are in 255 g CaCl,?
Total utility curve A Units of utility Total utility curve B Total utility curve C 0 1 2 3 4 5 6 Quantity (tomatoes pe...
Total utility curve A Units of utility Total utility curve B Total utility curve C 0 1 2 3 4 5 6 Quantity (tomatoes per month) 11) In the figure above, diminishing marginal utility is shown by A) total utility curve A. B) total utility curve B. C) total utility curve C. D) all three curves. Quantity of Marginal utility skiing from skiing Quantity of Marginal utility skating from skating 1 70 1 2 50 40 30 20 10 30...
< Assignment Score: 15% Resources Hint Check Answer 100% < Question 6 of 13 > Correct...
< Assignment Score: 15% Resources Hint Check Answer 100% < Question 6 of 13 > Correct 953 The accompanying graphs depict the market for bags of potato chips, which is currently at an equilibrium price of $1.67 per bag and an equilibrium quantity of 3.33 million bags. Suppose that, in an attempt to lower blood pressure and reduce healthcare costs, the government imposes a $1.00 excise (or commodity) tax on potato chips. Scroll down to answer all parts of the...
Assignment Score: 600/1300 Resources Hint Check Answer < Question 12 of 13 > Nonmetals gain electrons...
Assignment Score: 600/1300 Resources Hint Check Answer < Question 12 of 13 > Nonmetals gain electrons under certain conditions to attain a noble gas electron configuration. How many electrons must be gained by the element carbon (C) to attain noble gas electron configuration? number of electrons: Which noble gas electron configuration is attained in this process? O helium Okrypton O radon O xenon O argon O neon
Assignment Score: NaN% Resources Hint Check Answer Question 4 of 13 > The graph shows the aggregate demand (AD) curve and the long-run aggregate supply (LRAS) curve for a hypothetical economy. Suppose that the economy experiences an increase in the human capital of workers, causing productivity to rise Show the effect of this change by shifting one of the curves in the graph. How will this change affect the price level? The price level will rise. The price level will...
Assignment Score: 77.7% Resources Hint Check Answer Question 20 of 23 > The accompanying graph depicts a hypothetical market for analog TVs. In June 2009, the U.S. Federal Communications Commission (FCC) mandated that all over-the-air television broadcasts originating in the U.S. must be broadcast digitally instead of the traditional analog signal. These digital transmissions cannot be decoded by traditional analog TVs but require either a digital decoder be attached to an analog TV or a natively digital TV. Both sellers...
Assignment Score: 13.3% Resources Ex Give Up? O Hint Check Answer Question 3 of 15 > Suppose that the economy of Monaco is represented by the aggregate demand (AD), short-run aggregate supply (SRAS), and long-run aggregate supply (LRAS) curves in the accompanying graph. LRAS SRAS a. Based on the graph, Monaco is O experiencing a deflationary gap. O experiencing an inflationary gap. O currently at long-run equilibrium. Aggregate price level b. Which of the following policies eliminate this phenomenon? 0...
Total utility curve A Units of utility Total utility curve B Total utility curve C 0 2 3 4 5 6 Quantity (tomatoes per month) 11) In the figure above, diminishing marginal utility is shown by A) total utility curve A. B) total utility curve B. C) total utility curve C. D) all three curves. Quantity of Marginal utility from Quantity of Marginal utility from skiing skiing skating skating 50 1 2 40 70 40 30 20 30 10 12)...
Units Consumed Total Utility Marginal Utility 11. Refer to data above. Fill in the numerical value using W,Y, and Y and compute Marginal utility values. To identify where marginal utility becomes negative beginning with the: A. first unit. B. second unit. C. third unit. D. fourth unit.
ent Score: 0% Resources Hint Check Answer of 16 > Mauricio has a circus act that involves monkeys on unicycles. Mauricio has a fixed amount to spend on unicycles and monkeys. The graph shows Mauricio's initial budget constraint. The price per unicycle is $120 and per monkey is $90. Using the graph, show what happens to Mauricio's budget line when the price of unicycles increases to $180. What is Mauricio's budget for monkeys and unicycles? Quantity of unicycles Mauricio's budget:...
Assignment Score: 0/800 Resources Hint Check Answer Question 1 of 8 > How many grams of Cl are in 255 g CaCl,?
Total utility curve A Units of utility Total utility curve B Total utility curve C 0 1 2 3 4 5 6 Quantity (tomatoes per month) 11) In the figure above, diminishing marginal utility is shown by A) total utility curve A. B) total utility curve B. C) total utility curve C. D) all three curves. Quantity of Marginal utility skiing from skiing Quantity of Marginal utility skating from skating 1 70 1 2 50 40 30 20 10 30...
< Assignment Score: 15% Resources Hint Check Answer 100% < Question 6 of 13 > Correct 953 The accompanying graphs depict the market for bags of potato chips, which is currently at an equilibrium price of $1.67 per bag and an equilibrium quantity of 3.33 million bags. Suppose that, in an attempt to lower blood pressure and reduce healthcare costs, the government imposes a $1.00 excise (or commodity) tax on potato chips. Scroll down to answer all parts of the...
Assignment Score: 600/1300 Resources Hint Check Answer < Question 12 of 13 > Nonmetals gain electrons under certain conditions to attain a noble gas electron configuration. How many electrons must be gained by the element carbon (C) to attain noble gas electron configuration? number of electrons: Which noble gas electron configuration is attained in this process? O helium Okrypton O radon O xenon O argon O neon
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