Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 13, 2024

Suppose that Dallas derives 40 utils of total utility from eating 3 hotdogs and 42 utils of total utility from eating 4 hotdogs. What is

Suppose that Dallas derives 40 utils of total utility from eating 3 hotdogs and 42 utils of total utility from eating 4 hotdogs. What is Dallas' marginal utility from eating the 4th hotdog? Question 5 options: A) 7 B) 2 C) 6.67 D) 6

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Microeconomics

Authors: Austan Goolsbee, Steven Levitt, Chad Syverson

1st Edition

978-1464146978, 1464146977

Students also viewed these Economics questions

Question

★★★★★

What is equity? How is equity determined?

Answered: 1 week ago

Question

★★★★★

Use a graphing utility to graph f and its second-degree polynomial approximation P 2 at x = c. Complete the table comparing the values of f and P 2 . 4 c = 1 x' P(x) = 42(x - 1) + (x - 1) 0 0.8 0.9...

Answered: 1 week ago

Question

★★★★★

What are the assumptions of the test based on the ????-ratio?

Answered: 1 week ago

Question

★★★★★

Hughs Repair Shop specializes in repairing German and Japanese cars. The shop has two mechanics. One mechanic works ononly German cars and the other mechanic works on only Japanese cars. In either...

Answered: 1 week ago

Question

★★★★★

How can a vulnerability scanner check whether the system users have a blank password? A . by using John the Ripper B . by providing credentials to the scanner C . any of the other answers D . By...

Answered: 1 week ago

Question

★★★★★

Q2. Ford Motor Company owns several brands: Ford, Lincoln, Mercury, Mazda, and Aston Martin. Within each brand are many models, each of which has a unique identifying name. Wouldn't it be easier to...

Answered: 1 week ago

Question

★★★★★

Gary is awarding a gift card randomly to a list of names on a spreadsheet. To keep it fair he wants to draw a number and then award it to the person located at that number on the list. What function...

Answered: 1 week ago

Question

★★★★★

According to the ISA 300 'Planning and Audit of Financial Statement'. Outline the overall content of this audit strategy and the audit plan.

Answered: 1 week ago

Question

★★★★★

John is an elderly Italian man who lost his wife, Debra, to cancer 4 months ago. Since her death, John has become very isolated and is having regular thoughts of suicide. John's neighbour rings the...

Answered: 1 week ago

Question

★★★★★

Suppose that the integral I = (a) Determine b. f(x) da can be represented by the following Riemann sum using right endpoints and ni subintervals: 49 (A) 2 2 2 7 7 7n 7 49 + 49 n n n n n n (b)...

Answered: 1 week ago

Question

★★★★★

Derive the differential equations describing the electrical and mechanical dynamics of a shunt- connected DC motor, shown in Figure P14.36; and draw a simulation block diagram of the system. The...

Answered: 1 week ago

Question

★★★★★

In the context of this assignment, you are working as a Junior Commercial Manager for a medium sized company named GBS Construction. GBS Construction aims to build a series of affordable houses...

Answered: 1 week ago

Previous Question Next Question