Given the information in the table below, find the marginal utility and the total utility.


Economics

You might also like to view...

If both demand and supply rise, which of the following must be true?

a. The equilibrium quantity will rise. b. The equilibrium quantity will fall. c. The equilibrium quantity will not change. d. The change in the equilibrium quantity is indeterminate.

Economics

The Board of Governors of the Federal Reserve System has

A) 12 members appointed by the president of the United States. B) seven members appointed by the president of the United States. C) seven members appointed to life terms. D) seven members elected by the public. E) 12 members elected by the public.

Economics

Which of the following would NOT be a way to increase the return on equity?

A) Buy back bank stock. B) Pay higher dividends. C) Acquire new funds by selling negotiable CDs and increase assets with them. D) Sell more bank stock.

Economics

How do exchanges seek to reduce default risk in the futures market?

What will be an ideal response?

Economics