Top Posters
Since Sunday
w
5
a
3
j
2
a
2
t
2
u
2
r
2
j
2
j
2
l
2
d
2
y
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
stars_and_moon stars_and_moon
wrote...
Go to Answer
Posts: 3218
Rep: 11 0
8 years ago
Carmen is at the grocery story buying six yogurts and five apples.  The price of a yogurt is $1 and the price of an apple is 50 cents.  The total utility from the six yogurts is 40 and the marginal utility of the 6th yogurt is five.  The total utility of the five apples is 40 and the marginal utility of the 5th apple is four.  Carmen is maximizing utility.
A) True
B) False
Read 95 times
3 Replies
Replies
Answer verified by a subject expert
kingbykingby
wrote...
#1
Top Poster
Posts: 3218
Rep: 26 0
8 years ago
Sign in or Sign up in seconds to unlock everything for free
1

Related Topics

wrote...
#2
8 years ago
I figured, great answer
wrote...
#3
8 years ago
Yup, vote with confidence!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1275 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 954
  
 561
  
 346
Your Opinion
Previous poll results: What's your favorite funny biology word?