Reason why answer is B. Reason why answer is 8. What is the marginal utility of
ID: 1163237 • Letter: R
Question
Reason why answer is B. Reason why answer is 8. What is the marginal utility of the fourth can of soda? A. 44 umits of utility 10 units of utility 8 units of utility 2 units of utility the United States imposed a tariff on imported shrimp, a Vietnamese official said: "If the tariffs are that will mcan fewer shrimp for the U.S. market and higher prices for consumers. So the U.S. 302 government position hurts its own people. That's irational. " The imposition of tariffs by the United States in this case illustrates: that the U.S. government, like all governments, is sometimes irrational. the text calls the general rule of political economy, which states that often small interest groups lobby than large groups. C. that U.S. consumers are either irrational or altruistic because they are willing to pay higher prices to help the U.S. shrimp industry. D. the good/bad paradox that what is good economics is always bad politics and vice versa. Income elasticity is defined as the: change in demand divided by the change in income. percentage change in demand divided by the percentage change in income. hange in income divided by the change in demand. ercentage change in income divided by the percentage change in demand.
Explanation / Answer
MU=TUn-TUn-1
Thus,answer is 8 units of utility.
Cans Total utility Marginal Utility 1 14 - 2 26 12 3 36 10 4 44 8 5 50 6Related Questions
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