As long as marginal utility is positive, we know that total utility is: a. negative b. increasing c. decreasing d. at its maximum If marginal utility is negative, total utility is ___. (a) positive (b) negative (c) decreasing (d) constant (e) increasing. ...
If an endothermic reaction is in equilibrium, what will happen when you increase the temperature? Given the reaction and equilibrium constant: 2 S O 3 ( g ) 2 S O 2 ( g ) + O 2 ( g ) ; K c = 2.3 10 7 , what is the equilibrium constant for the following ...
When a substance freezes, is energy being added or removed?Phase Change:Phase change occurs when the matter changes from one state to another state. The phase change either absorbs the energy or releases the energy depending on the phase change....
State True or false. Explain. If the market ratio of silver to gold is 13 to 1 and the mint ratio is 14 to 1, then gold will circulate as money. Equilibrium in the money market occurs where the transaction demand for money equals the sup...
Multiple mechanisms related to children’s skill acquisition contribute to widening educational inequality during the crisis. Beyond the direct impact of the switch from in-person to virtual schooling, children from low-income families are affected by a decline in positive peer spillovers. Parents in ...
conjectures and pose open problems in this regard in the context of rational difference equations of the form x n+1 =α+∑ i=0 k β i x n-i A+∑ i=0 k B i x n-i with nonnegative parameters and with nonnegative initial conditions such that the denominator is always positive. Inte...
With constant absolute risk aversion, the cobweb model becomes nonlinear. Sufficient conditions on the local stability of the unique positive equilibrium of the nonlinear model are derived and, consequently, we show that the local stability region is proportional to the lag length L . When the ...
Correlating the LF-NPC potential of a region to the estimated crop-specific yield gap between organic and conventional farming due to pesticides use, shows a positive correlation for nine out of the ten analyzed crops (Fig. 2). The strength of correlation (Pearson) varied among crops, with va...
When the marginal utility is negative, the total utility is positive but it is declining. The law of the diminishing marginal utility states that as...Become a member and unlock all Study Answers Start today. Try it now Create an account Ask a question Our experts can answer your ...
Perfectly inelastic demand occurs when the demand curve is vertical. True False Elasticity: The economic concept known as elasticity is a way analysts can estimate the responsiveness of a variable when a second variable is changed. The most common variables analyzed in economics are pri...