The table above gives Andy's utility from popcorn. Andy's total utility from four boxes of popcorn is

A) 66.
B) 70.
C) 78.
D) 82.

C

Economics

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From an economic perspective, price discrimination is desirable because

A) the increase in profits is more than offset by the loss in consumer surplus, resulting in a net increase in economic surplus. B) it redistributes wealth from wealthy consumers to highly innovative firms. C) it enables firms to increase profits with no loss in economic surplus, and in turn, this could provide firms with incentives to engage in beneficial product innovation. D) the increase in profits results in higher corporate tax revenues received by the government which could be used to subsidize consumption for low-income individuals.

Economics

Which of the following is NOT a reason for the increase in health care costs?

A) the aging of the population B) the implementation of new technologies C) the increase in third party payments D) the decrease in the fertility rate

Economics