The above table shows Homer's marginal utility from consuming various quantities of chocolate chip cookies and cake. The price of cookies is $2 per pound, the price of cake is $2 per slice and Homer has $12 to spend on cookies and cake
Homer will consume ________ of cookies and ________ of cake. A) 1 pound; 5 slices
B) 2 pounds; 4 slices
C) 3 pounds; 3 slices
D) 5 pounds; 2 slices
C
Economics
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The above figure shows the marginal benefits and marginal costs of a college education. If no subsidies are paid, enrollment equals
A) 0. B) 10 million. C) 15 million. D) 25 million.
Economics
Which of the following would decrease the cyclically adjusted deficit?
A) an increase in income B) a decrease in income C) an increase in the primary deficit D) a decrease in the primary deficit E) none of the above
Economics