--%>
Assignment Help - homework help

Marginal Utility-Consuming extra unit

The satisfaction gained from consuming an additional unit of the good is: (1) Always diminishing. (2) Its marginal utility. (3) Objectively measurable. (4) Equivalent to one util.

Choose the right answer from the above options.

   Related Questions in Microeconomics

  • Q : Income Distribution in Development

    Income distribution tends to turn into more equal, statistically, while a country: (i) adopts central planning. (ii) becomes more developed and prosperous. (iii) relies more heavily on agriculture. (iv) reduces corporate tax rates. (v) adopts laissez-

    		•
  • Q : Heterodox explanation I can't discover

    I can't discover the answer of this question based on heterodox explanation. Help me out to get through this question. What is the heterodox explanation of the social provisioning procedure?

    		•
  • Q : Opinion about kinked demand curve model

    George Stigler concluded which the kinked demand curve model is incorrect to the extent that this depends on: (w) marginal cost pricing. (x) pure competition. (y) interdependent decision making.  (z) sticky prices.

  • Q : Influences of Ceteris Paribus The Latin

    The Latin phrase applies to the idea which all other effects on some dependent variable are to be supposed constant if examining the effect of changing a single independent variable is as: (1) Fiat justitia, ruat coelum. (2) Platea unum. (3) Unum paribus. (4) Ceteris

    		•
  • Q : Adverse Selection example Can someone

    Can someone please help me in finding out the accurate answer from the following question. The car dealer never proposed to honor a guarantee on a utilized car, providing an illustration of: (1) Moral hazard. (2) Economic dishonesty. (3) Price discrimination. (4) Mark

    		•
  • Q : Workers in monopsonistic labor markets

    I have a problem in economics on Workers in monopsonistic labor markets. Please help me in the following question. The workers in monopsonistic labor markets receive salaries: (i) That barely cover the subsistence. (ii) Beneath the value of marginal p

    		•
  • Q : Short-run supply curve of a purely

    Short-run supply curve of a purely competitive firm is the positively sloped segment of: (a) its long run sales revenue curve. (b) its marginal fixed cost curve. (c) its average profits curve. (d) its average total cost curve. (e) its MC curve above t

    		•
  • Q : Problem related to Profits and Losses

    Economists generally suppose that the firms behave rationally to make the most of: (1) Employment. (2) The community’s economic welfare. (3) Workers’ satisfaction. (4) Gains. Can someone please help me in finding out th

    		•
  • Q : Reduction of consumption of Inferior

    Brian, a poor college student, eats pinto beans or Ramen Noodles for dinner every night. After the graduation, he takes a job with a beginning salary of $50,000 per year. This modification in income is most probable to: (1) Decrease his consumption of both the product

    		•
  • Q : Problem on money diagram Help me to go

    Help me to go through this problem. Refer to the given market for money diagrams. If the interest rate was at 8 percent, people would: A) sell bonds, which would cause bond prices to fall and the interest rate to fall. B) buy bonds, which would cause bond prices to ri

    		•