menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Modern Principles of Economics Study Set 2
  4. Exam
    Exam 23: Stock Markets and Personal Finance
  5. Question
    If Another Unit of Good X Gives a Consumer 15
Solved

If Another Unit of Good X Gives a Consumer 15

Question 42

Question 42

True/False

If another unit of Good X gives a consumer 15 additional units of satisfaction, and another unit of Good Y gives 45 additional units of satisfaction, the MRS is equal to 1/3.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q39: If the marginal utility per dollar for

Q41: (Figure: Sam's Club) Refer to the figure.

Q43: Amy purchased four cantaloupes at $2 each

Q45: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3375/.jpg" alt=" Reference: Ref 23-8

Q47: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3375/.jpg" alt=" Reference: Ref 23-4

Q58: By assuming diminishing marginal utility, we mean

Q81: If there are only two goods in

Q82: A bar owner must decide how best

Q95: Which of the following methods have been

Q140: Indifference curves can never cross.

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines