Multiple Choice
Geneva is not at her consumer equilibrium for movies and music downloads.Why?
A) Her average utility from movies does not equal her average utility from music downloads.
B) Her total utility from movies does not equal her total utility from music downloads.
C) Her marginal utility from the last movie she attended does not equal her marginal utility from the last music download she downloaded.
D) Her average utility from movies does not equal her total utility from music downloads.
E) Her marginal utility per dollar from the last movie she attended does not equal her marginal utility per dollar from the last music download she downloaded.
Correct Answer:
Verified
Correct Answer:
Verified
Q3: The fact that your fourth slice of
Q5: Behavioural economics<br>A)studies the activity of the human
Q34: To determine consumer equilibrium we need to
Q64: Ben spends $50 a year on 2
Q66: Which of the following statements is true?<br>A)Marginal
Q67: The relative price of beer to back
Q72: Ben consumes only movies and video games
Q73: Billy likes candy bars and popcorn.Candy bars
Q86: Use the table below to answer the
Q111: The change in total utility that results