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1: 2: 3 4: 5: 1 5 . 1 1 Kathy eats five slices of pizza on a Saturday night but admits each slice of
1: 2: 3 4: 5: 1 5 . 1 1 Kathy eats five slices of pizza on a Saturday night but admits each slice of pizza doesn't taste as good as the previous one. This suggests that for Kathy the total utility of slices of pizza is declining.A total utility of slices of pizza is increasing by larger and larger increments. O marginal utility of a slice of pizza is negative.CO marginal utility of a slice of pizza is positive but decreasing.DO 1 5 . 2 75 . 1 2 Jim has $600 a week to spend on clothing and food. The price of clothing is $30 and the price of food is $5. The clothing and food pairs in Jim's choice set include units of clothing and units of food 15; 70 AO 20 : 50 B 10 : 60 .CO 0; 200 DO 2 5 3 5 .. 1 3 At the Pampered Pet Salon the marginal products of the first second, and third workers are 50, 36, and 25 dogs washed, respectively. The total product (number of dogs washed) of the two worker is 11 O 111 86 50 3 5 ) . 4 5 . 1 4 Ted has $600 a week to spend on clothing (c) and food (1). The price of clothing is $30 and the price of food is $5. What is the equation for Ted's budget constraint? $30 * Clothing + $5 * Food = $600 A0 Clothing + Food $600 ,DO 4 5 1 5 Inputs Required to produce a Product Using Alternative Technologies Technology Units of Capital Number of Employees 16 12 12 20 D 6 24 B 8 If the hourly price of capital is $1 and the hourly price of labor is $10, which production technology should be selected? B D 5 5 1 5 . 1 1 Kathy eats five slices of pizza on a Saturday night but admits each slice of pizza doesn't taste as good as the previous one. This suggests that for Kathy the total utility of slices of pizza is declining.A total utility of slices of pizza is increasing by larger and larger increments. O marginal utility of a slice of pizza is negative.CO marginal utility of a slice of pizza is positive but decreasing.DO 1 5 . 2 75 . 1 2 Jim has $600 a week to spend on clothing and food. The price of clothing is $30 and the price of food is $5. The clothing and food pairs in Jim's choice set include units of clothing and units of food 15; 70 AO 20 : 50 B 10 : 60 .CO 0; 200 DO 2 5 3 5 .. 1 3 At the Pampered Pet Salon the marginal products of the first second, and third workers are 50, 36, and 25 dogs washed, respectively. The total product (number of dogs washed) of the two worker is 11 O 111 86 50 3 5 ) . 4 5 . 1 4 Ted has $600 a week to spend on clothing (c) and food (1). The price of clothing is $30 and the price of food is $5. What is the equation for Ted's budget constraint? $30 * Clothing + $5 * Food = $600 A0 Clothing + Food $600 ,DO 4 5 1 5 Inputs Required to produce a Product Using Alternative Technologies Technology Units of Capital Number of Employees 16 12 12 20 D 6 24 B 8 If the hourly price of capital is $1 and the hourly price of labor is $10, which production technology should be selected? B D 5 5
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