Question 2 1 points Save Answer A consumer is buying goods A and B and wants to maximize her utility. If the price of good B decreases, but the price of good A does not change and her income does not change, this will: O raise the marginal utility per dollar spent on good B. O lower the marginal utility per dollar spent on good B. not affect the marginal utility per dollar spent on good B. O lower the total utility from the consumption of good B.Moving to another question will save this response. Question 1 of 21 > >> Question 1 1 points Save Answer Kristin is buying cookbooks and the marginal utilities for the first three books she buys are 200, 150, and 125, respectively. The total utility Kristin gets from the first book is: 125. 200 350 150.Question Completion Status: Question 3 The table below shows the cost information for a firm in a perfectly competitive industry. What is the firm's shut down price? Q FC VC TC MC AFC AVC ATC O 200 0 200 1 200 32 232 32 200.00 32.00 232.00 200 61 261 29 00.00 30.50 130.50 200 87 287 26 66.67 29.00 95.67 200 116 316 29 50.00 29.00 79.00 200 148 348 32 40.00 29.60 69.60 200 183 383 35 33.33 30.50 63.83 200 221 421 38 28.57 31.57 60.14 CO 200 262 462 41 25.00 32.75 57.75 200 306 506 44 22.22 34.00 56.22 10 200 353 553 47 20.00 35.30 65.30 11 200 403 603 50 18.18 36.64 54.82 12 200 456 656 53 16.67 38.00 54.67 13 200 512 712 56 15.38 39.38 54.77 14 200 571 771 59 14.29 40.79 55.07 15 200 633 833 62 13.33 42.20 55.53 16 200 698 898 65 12.50 43.63 56.13 17 200 766 966 68 11.76 45.06 56.82 18 200 837 037 71 11.11 46.50 57.61 19 200 911 1111 74 10.53 47.95 58.47 20 200 988 1188 77 10.00 49.40 59.40Question 4 Quotas that limit the quantity to less than the equilibrium quantity can cause all of the following except illegal activities. quota rents. O missed opportunities because there will be mutually beneficial transactions that don't occur. the supply price at the quota limit to be greater than the demand price. Moving to another question will save this responseQuestion 5 A market for renting apartments contains a price ceiling. Each of the following is a reason for the market being inefficient except: Some renters will not be able to find an apartment to rent. O The quality of the apartments is inefficiently high. The quantity of apartments for rent is inefficiently low. Renters are wasting time trying to find an apartment to rent