Suppose Carrie's utility function for clams is as follows: If she consumes 1 clam, she gets 10 units of total utility; for 2 clams, she gets 18 units of total utility; for 3 clams, she gets 24 units of total utility; for 4 clams, she gets 28 units of total utility; for 5 clams, she gets 30 units of total utility; and for 6 clams, she gets 26 units of total utility
a. Carrie gets 9 units of marginal utility for the 2nd clam.
b. Carrie gets 8 units of marginal utility for the 3rd clam.
c. Carrie gets 7 units of marginal utility for the 4th clam.
d. None of the above are true.
d
Economics
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Which of the following would encourage economic growth through increases in the capital stock?
A) an increase in household saving B) a decrease in the government deficit C) a change from an income tax to a consumption tax D) all of the above
Economics