The Denver Broncos is a football team in the NFL, the Colorado Crush is an arena football team, and the Highlands Ranch Falcons is a local High School team
Broncos tickets cost about $415, the Crush cost between $30 and $85 and Falcons tickets are $6. What do the prices per unit tell you about the marginal utility from each of these football games? A) The marginal utility will be equal from each game.
B) The marginal utility will be greatest from a Crush game.
C) The marginal utility will be greatest from a Falcons game.
D) The marginal utility will be greatest from a Broncos game.
D
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In the simple circular flow model, the funds received by a carmaker when it sells a car goes to
A. the owners of all of the resources used to make the car. B. the owners of firms who sold materials to the carmaker, and the rest stays with the firm. C. only the owners of the carmaker. D. the workers who helped build the car.