The table above gives Jane's total utility from magazines and CDs. What is the marginal utility of the sixth CD?
A) 150 units
B) 100 units
C) 50 units
D) 5 units
C
Economics
You might also like to view...
Real interest rates have, at times, been negative. Why would anyone lending money agree to a negative real interest rate?
What will be an ideal response?
Economics
Assume that the economy is in equilibrium when the real interest rate rises. Explain, step-by-step, how the components of expenditure adjust to bring the economy to its new equilibrium
What will be an ideal response?
Economics