Utility Analysis problem, The marginal utility curve can much loosely be translated into

Utility Analysis problem

The marginal utility curve can much loosely be translated into the demand curve by: (1) Measuring its declining part in dollars. (2) Transforming utils into the prices. (3) Horizontally summing up everyone’s MUs at each and every price. (4) Setting MUa/Pa = MUb/Pb = ...= MUz/Pz.

Can someone please help me in finding out the accurate answer from the above options.

View Complete Question

Related Questions in Microeconomics

Q : World bank loans problem Select the

Select the right answer of the question. The World Bank: A) provides military assistance to those nations interested in improving national defense. B) makes and guarantees loans for basic development projects such as the construction of dams, roads, and schools. C) pr

Q : Negative relationship in Law of Demand

The law of demand declares that the negative relationship exists among: (1) The purchases of poorer goods and the level of national income. (2) Unlimited demands and restricted resources. (3) A good’s price and the quantity of good people will b

Q : Influence of drought in market price

Severe drought outcomes in a drastic fall in the output of wheat. Examine how will it influence the market price of wheat? Answer: As an outcome of severe drought,

Q : Increased market demand for generic 2×4s

Increased market demand for generic 2×4s as in demonstrated graph would result within a(n) ___________ within the price of 2×4s as well as a(n) ___________ into this lumber mill’s profit-maximizing output.: (w) increase; decrease. (x

Q : Interest Rate by Holding a Bond When

When you hold a bond if the interest rate rises, you will: (w) have less money when you sell it. (x) receive more interest income. (y) gain by shifting funds to the stock market. (z) eventually spend more and save more.

Q : Monopolists maximize profits Maximizing

Maximizing the net social benefits from a specified stock of resources does NOT need that: (i) price equals marginal cost for all goods. (ii) marginal social benefit equals marginal social cost [MSB = MSC]. (iii) no one can be made better off unless s

Q : Illustration of demand for Spurs tickets

Can someone help me in finding out the precise answer from the given options. In the year 2005, the San Antonio Spurs basketball team increased all ticket prices and attendance surpassed the year 2004 attendance, pointing out a raise in the: (i) Upward slope of ticket

Q : Labor Unions-Secondary Boycotts

Whenever a firm consists of a collective bargaining agreement with its employees and unionized employees reject to handle the goods generated by other firms if the workers for other firms are on strike, then the unionized employees are engaged in the: (1) Secondary bo

Q : Problem on zero bond price You are

You are provided a bond which will pay no interest however will return the par value of $1,000 20 years from now. When your needed return for this bond is 7.35%, what are you willing to reimburse or pay?

Q : Levels of the Poverty Line In 2005

In 2005 year, the proportion of people along with family incomes below the official poverty line into the United States was around: (w) one in eight. (x) one in ten. (y) two in twenty five. (z) one in twenty.

Discover Q & A

Leading Solution Library

Avail More Than 1429505 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1935324
Asked

3,689

Active Tutors

1429505

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment