Multiple Choice
-The table above shows Buffy's utility from wooden stakes and cloves of garlic.The marginal utility of which clove of garlic is the largest?
A) the first clove
B) the second clove
C) the fifth clove
D) the third clove
E) The marginal utility of all cloves is the same.
Correct Answer:
Verified
Correct Answer:
Verified
Q43: One reason why the price of diamonds
Q44: A preference map is a<br>A) series of
Q45: If the price of a soda is
Q46: Moving along an indifference curve,if a consumer
Q47: As more of a good is consumed,total
Q50: One reason why water is cheap compared
Q51: At the best affordable point,<br>A) the marginal
Q52: A consumption point inside the budget line<br>A)
Q53: Consumers' preferences are described by<br>A) budget lines.<br>B)
Q329: Explain the paradox of value.