In consumer equilibrium, which of the following is true?
a. The marginal utility from the consumption of each good is the same
b. The marginal utility from the consumption of each good is zero.
c. The marginal utility from the consumption of the last dollar's worth of each good is the same.
d. The total utility from the consumption of each good is the same.
c
Economics
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The coefficient of determination will range between what values?
A) 0 and 1 B) -1 and +1 C) -3 and +3 D) none of the above
Economics
A disadvantage of moving too quickly is that
A) costs of entry are higher. B) the likelihood of misunderstanding the demand is greater. C) followers gain an advantage by learning from the first-mover. D) All of the above.
Economics