Multiple Choice
Use the table below to answer the following question.
Table 8.2.5
-Refer to Table 8.2.5.Cindy enjoys golf and tennis.The table shows the marginal utility she gets from each activity. Cindy has $70 a month to spend,and she can spend as much time as she likes on her leisure pursuits.The price of an hour of golf is $10,and the price of an hour of tennis is $5.
Cindy decides to golf for 5 hours a month and play tennis for 4 hours a month.
If Cindy spends a dollar more on golf and a dollar less on tennis,her total utility ________.
If Cindy spends a dollar less on golf and a dollar more on tennis,her total utility ________.
A) decreases;decreases
B) increases;decreases
C) decreases;increases
D) increases;increases
E) does not change;does not change
Correct Answer:

Verified
Correct Answer:
Verified
Q18: Neuroeconomics studies all of the following concepts
Q19: Marginal utility theory predicts that when a
Q20: When Kathryn is at her consumer equilibrium,she
Q21: Gene plays another hour of computer games
Q22: The first can of Sprite Jack drinks
Q24: A budget line is drawn with the<br>A)quantity
Q25: Max has $35 a day to spend,and
Q26: As more of a good is consumed,its<br>A)marginal
Q27: If the marginal utilities from two goods
Q28: Suppose a consumer spends all his income.His