Given a fixed level of spending, you will maximize utility when the:
A. marginal satisfactions are maximized.
B. ratios of the marginal utilities to their prices are equal.
C. total satisfaction from both goods is maximized regardless of cost.
D. ratios of the total utilities to their prices are equal.
Answer: B
Economics
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A) one year. B) two years. C) three years. D) five years.
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When you borrow stock from a broker and sell it now with plans to buy it back after it drops in price, you are engaging in a
A) margin call B) European option C) American option D) short sale
Economics