Ask a New Question
Menu

Define marginal utility

  1. Consumer optimum requires that consumers make purchases so for that the last dollar spent on all​ goods, the ratio of marginal
    1. answers icon 1 answer
    2. AOL asked by AOL
    3. views icon 175 views
  2. Quantity of goods consumed.1 2 3 4 5 6 Total utility 0 10 16 _ 23 23 Marginal utility 0 10 4 _ 1 _ A) complete the above table
    1. answers icon 1 answer
    2. Winnie faith asked by Winnie faith
    3. views icon 245 views
  3. how is marginal utility found?Marginal utility is the change in total utility divided by the change in the quantity consumed of
    1. answers icon 0 answers
    2. Keela asked by Keela
    3. views icon 561 views
  4. 1. Explain briefly the following concepts.A) Utility B) Indifference curve C) Law of diminishing marginal utility D) Budget line
    1. answers icon 1 answer
    2. views icon 109 views
  5. Define the marginal utility
    1. answers icon 1 answer
    2. views icon 30 views
  6. Define marginal utility
    1. answers icon 1 answer
    2. Mirriam Mwanza asked by Mirriam Mwanza
    3. views icon 52 views
  7. the marginal utility of good A is 3 imes the marginal utility of good​ B, and the price of good A is ​$4.50Use consumer
    1. answers icon 1 answer
    2. AOL asked by AOL
    3. views icon 129 views
  8. The law of diminishing marginal utility states that at some point, a person's marginal utility from additional consumption
    1. answers icon 1 answer
    2. views icon 206 views
  9. Define the term marginal utility
    1. answers icon 1 answer
    2. views icon 57 views
  10. Define the term diminishing marginal utility
    1. answers icon 1 answer
    2. views icon 64 views