What is more important to the consumer: Marginal utility or

Consumer optimum requires that consumers make purchases so for that the last dollar spent on all goods, the ratio of marginal
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2. asked by AOL
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What is more important to the consumer: Marginal utility or marginal utility per dollar and why
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2. asked by Kevin
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1. Explain briefly the following concepts.A) Utility B) Indifference curve C) Law of diminishing marginal utility D) Budget line
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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
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The equimarginal rule __________.equates the marginal utility per dollar spent on each good purchased states that in order to
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2. asked by Angela
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the marginal utility of good A is 3times the marginal utility of good B, and the price of good A is $3.50 , the price
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Quantity of Sports App per Week: 1, 2, 3, 4, 5, 6Marginal Utility of Sports App: 1200, 1000, 800, 600, 400, 200 Quantity of Game
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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
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2. asked by Winnie faith
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At a consumer optimum involving goods X and Y, the marginal utility of good X equals 5utils. The price of good Y is three
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Quantity of Sports App per Week: 1, 2, 3, 4, 5, 6Marginal Utility of Sports App: 2000, 1200, 800, 500, 200, 50 Quantity of Game
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2. asked by AOL
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