49) Which of the following occur when a person maximizes utility . the marginal utility of cach good bought is II. the highest level of utility is attained III. all of a person's budget A) I and II. B) I and III C)II and III D) I. II and lll相关知识点: 试题来源: ...
Consider the term marginal utility. Which word is the best synonym for marginal? Utility: In economics, utility refers to the level of satisfaction gained from consuming certain goods and services from a preferred commodity bundle. The consumer gains higher utility from consuming good...
The term marginal utility denotes the amount by which ___ changes when consumption changes by___ unit(s). (1 point) Your response: e. total utility; 1 (You answered correctly!) Feedback : Learning Objective: Marginal Utility Level of Learning: Knowledge Source: Unique Type: Word Problem ...
The term marginal utility denotes the amount by which _ changes when consumption changes by _ unit(s). A.total utility; 1 B.demand; 10 C.total utility; 10 D.demand; 1 正确答案:total utility; 1 点击查看答案 你可能感兴趣的试题
Mr Smith has a limited income which restricts the number of different goods he can buy. Which one of the following best describes the position at which Mr Smith's utility from purchasing different goods is maximised? A Marginal utility from each good is equal ...
A.total utility; 1 B.demand; 10 C.demand; 1 D.total utility; 10 查看答案
At what point does total utility start diminishing? Why is it so difficult to put a value on water as an environmental resource? What are some innovative ways to measure the value of water? Which of the following best describes the term "resource ...
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a Let Ψ be individual demand for an extra quality-adjusted year of survival, which could in theory vary across regions for a variety of reasons: higher income, for example, implies a lower marginal utility of first-period consumption and hence a much higher demand for health care. 让Ψ是...
Which of the following best describes the classical view of economics? a. Because markets are inherently efficient, government intervention is rarely needed. b. Because unemployment can be prolonged, government intervention is needed to stimulate job grow ...