Suppose Abe is allocating his entire income and he receives 100 units of utility per dollar from the tenth slice of pizza and 200 units of utility per dollar from his second soda

Is Abe maximizing his utility? Should Abe change his consumption of pizza and soda?


Abe is not maximizing his utility because his marginal utility per dollar from pizza does not equal his marginal utility per dollar from soda. Abe should consume more soda (because it provides more satisfaction per dollar) and less pizza.

Economics

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If there are no interventions by finance ministers or control banks in the international market, then

A) the current account and the capital account must sum to zero. B) the current account will be greater than the capital market. C) the capital market will be greater than the current account. D) the capital market will equal the current account.

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Indicate whether the statement is true or false

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A share representing a portion of ownership in a corporation:

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Economics