The table above gives Jane's total utility from magazines and CDs. The price of a magazine is $4 and the price of a CD is $10. If Jane's total budget for magazines and CDs is $70.00 per week, what is her total utility at her utility maximizing consumer equilibrium?

Your economics professor offers 10 points extra credit if you attend a review session before your next exam. This extra credit is an example of

A) an increase in marginal cost to attend the review session. B) a decrease in marginal benefit to attend the review session. C) a rational choice. D) an incentive to attend the review session. E) None of the above answers is correct.

Congressional studies report that Medicare payments fall 11 percent below the cost of treating patients while private insurance patients pay 29 percent more than cost. This phenomenon may be attributable to cost shifting or price discrimination depending on:

a. the provider's payer mix. b. the size of the hospital. c. whether the hospital is organized as for profit or not-for-profit. d. whether the patient has Medigap insurance. e. the patient's income.