If total utility from consuming two cups of coffee is 20 utils, and if the total utility from consuming three cups of coffee is 25 utils, then which of the following is the marginal utility of the third cup of coffee?
A. 0.
B. 5.
C. 20.
D. 25.
Answer: B
Economics
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In the figure above, Lourdita faces a 0.5 probability of receiving $3,000 and a 0.5 probability of receiving $9,000. Her cost of bearing this risk is the distance from
A) A to F. B) A to D. C) B to E. D) C to E.
Economics
Which of the following countries had the highest level of government expenditures as a share of GDP?
a. Sweden. b. Japan. c. United States. d. Italy.
Economics