SlideShare una empresa de Scribd logo
1 de 1
Descargar para leer sin conexión
From the data in Problem ABOVE, if the price of a cheeseburger is $2, the price of a bag of
french fries is $1, and you have $6 to spend (and you spend all of it), what is the utility-
maximizing combination of cheeseburgers and french fries? Suppose that you observe that total
utility rises as more of an item is consumed. What can you say for certain about marginal utility?
Can you say for sure that it is rising or falling or that it is positive or negative? (5 POINTS)

Más contenido relacionado

Más de rajanaroraraj

For C. difficile, answer the following questions a. What are the v.pdf
 For C. difficile, answer the following questions a. What are the v.pdf For C. difficile, answer the following questions a. What are the v.pdf
For C. difficile, answer the following questions a. What are the v.pdfrajanaroraraj
 
For a standard normal distribution, find P(2.2z2.69)For a stand.pdf
 For a standard normal distribution, find P(2.2z2.69)For a stand.pdf For a standard normal distribution, find P(2.2z2.69)For a stand.pdf
For a standard normal distribution, find P(2.2z2.69)For a stand.pdfrajanaroraraj
 
For a standard normal distribution, find P(z1.09).pdf
 For a standard normal distribution, find P(z1.09).pdf For a standard normal distribution, find P(z1.09).pdf
For a standard normal distribution, find P(z1.09).pdfrajanaroraraj
 
For a standard normal distribution, find P(1.22z1.82).pdf
 For a standard normal distribution, find P(1.22z1.82).pdf For a standard normal distribution, find P(1.22z1.82).pdf
For a standard normal distribution, find P(1.22z1.82).pdfrajanaroraraj
 
For a standard normal distribution, find c if P(zc)=0.8477.pdf
 For a standard normal distribution, find c if P(zc)=0.8477.pdf For a standard normal distribution, find c if P(zc)=0.8477.pdf
For a standard normal distribution, find c if P(zc)=0.8477.pdfrajanaroraraj
 
For a normal variable XN(=28.1,=2.9), find the probability P(X21.15).pdf
 For a normal variable XN(=28.1,=2.9), find the probability P(X21.15).pdf For a normal variable XN(=28.1,=2.9), find the probability P(X21.15).pdf
For a normal variable XN(=28.1,=2.9), find the probability P(X21.15).pdfrajanaroraraj
 
For a group of four 70-year old men, the probability distribution for.pdf
 For a group of four 70-year old men, the probability distribution for.pdf For a group of four 70-year old men, the probability distribution for.pdf
For a group of four 70-year old men, the probability distribution for.pdfrajanaroraraj
 
For a double-precision 64-bit binary floating-point number in IEEE fo.pdf
 For a double-precision 64-bit binary floating-point number in IEEE fo.pdf For a double-precision 64-bit binary floating-point number in IEEE fo.pdf
For a double-precision 64-bit binary floating-point number in IEEE fo.pdfrajanaroraraj
 
For each of the proposals, use the previous graph to determine the ne.pdf
 For each of the proposals, use the previous graph to determine the ne.pdf For each of the proposals, use the previous graph to determine the ne.pdf
For each of the proposals, use the previous graph to determine the ne.pdfrajanaroraraj
 
For a continuous random variable X with an exponential distribution w.pdf
 For a continuous random variable X with an exponential distribution w.pdf For a continuous random variable X with an exponential distribution w.pdf
For a continuous random variable X with an exponential distribution w.pdfrajanaroraraj
 
For Blossom Corporation, year-end plan assets were $1,752,900. At the.pdf
 For Blossom Corporation, year-end plan assets were $1,752,900. At the.pdf For Blossom Corporation, year-end plan assets were $1,752,900. At the.pdf
For Blossom Corporation, year-end plan assets were $1,752,900. At the.pdfrajanaroraraj
 
For a standard normal distribution, suppose the following is true P(.pdf
 For a standard normal distribution, suppose the following is true P(.pdf For a standard normal distribution, suppose the following is true P(.pdf
For a standard normal distribution, suppose the following is true P(.pdfrajanaroraraj
 
For a standard normal distribution, given P(zc)=0.5901 Find c..pdf
 For a standard normal distribution, given P(zc)=0.5901 Find c..pdf For a standard normal distribution, given P(zc)=0.5901 Find c..pdf
For a standard normal distribution, given P(zc)=0.5901 Find c..pdfrajanaroraraj
 

Más de rajanaroraraj (13)

For C. difficile, answer the following questions a. What are the v.pdf
 For C. difficile, answer the following questions a. What are the v.pdf For C. difficile, answer the following questions a. What are the v.pdf
For C. difficile, answer the following questions a. What are the v.pdf
 
For a standard normal distribution, find P(2.2z2.69)For a stand.pdf
 For a standard normal distribution, find P(2.2z2.69)For a stand.pdf For a standard normal distribution, find P(2.2z2.69)For a stand.pdf
For a standard normal distribution, find P(2.2z2.69)For a stand.pdf
 
For a standard normal distribution, find P(z1.09).pdf
 For a standard normal distribution, find P(z1.09).pdf For a standard normal distribution, find P(z1.09).pdf
For a standard normal distribution, find P(z1.09).pdf
 
For a standard normal distribution, find P(1.22z1.82).pdf
 For a standard normal distribution, find P(1.22z1.82).pdf For a standard normal distribution, find P(1.22z1.82).pdf
For a standard normal distribution, find P(1.22z1.82).pdf
 
For a standard normal distribution, find c if P(zc)=0.8477.pdf
 For a standard normal distribution, find c if P(zc)=0.8477.pdf For a standard normal distribution, find c if P(zc)=0.8477.pdf
For a standard normal distribution, find c if P(zc)=0.8477.pdf
 
For a normal variable XN(=28.1,=2.9), find the probability P(X21.15).pdf
 For a normal variable XN(=28.1,=2.9), find the probability P(X21.15).pdf For a normal variable XN(=28.1,=2.9), find the probability P(X21.15).pdf
For a normal variable XN(=28.1,=2.9), find the probability P(X21.15).pdf
 
For a group of four 70-year old men, the probability distribution for.pdf
 For a group of four 70-year old men, the probability distribution for.pdf For a group of four 70-year old men, the probability distribution for.pdf
For a group of four 70-year old men, the probability distribution for.pdf
 
For a double-precision 64-bit binary floating-point number in IEEE fo.pdf
 For a double-precision 64-bit binary floating-point number in IEEE fo.pdf For a double-precision 64-bit binary floating-point number in IEEE fo.pdf
For a double-precision 64-bit binary floating-point number in IEEE fo.pdf
 
For each of the proposals, use the previous graph to determine the ne.pdf
 For each of the proposals, use the previous graph to determine the ne.pdf For each of the proposals, use the previous graph to determine the ne.pdf
For each of the proposals, use the previous graph to determine the ne.pdf
 
For a continuous random variable X with an exponential distribution w.pdf
 For a continuous random variable X with an exponential distribution w.pdf For a continuous random variable X with an exponential distribution w.pdf
For a continuous random variable X with an exponential distribution w.pdf
 
For Blossom Corporation, year-end plan assets were $1,752,900. At the.pdf
 For Blossom Corporation, year-end plan assets were $1,752,900. At the.pdf For Blossom Corporation, year-end plan assets were $1,752,900. At the.pdf
For Blossom Corporation, year-end plan assets were $1,752,900. At the.pdf
 
For a standard normal distribution, suppose the following is true P(.pdf
 For a standard normal distribution, suppose the following is true P(.pdf For a standard normal distribution, suppose the following is true P(.pdf
For a standard normal distribution, suppose the following is true P(.pdf
 
For a standard normal distribution, given P(zc)=0.5901 Find c..pdf
 For a standard normal distribution, given P(zc)=0.5901 Find c..pdf For a standard normal distribution, given P(zc)=0.5901 Find c..pdf
For a standard normal distribution, given P(zc)=0.5901 Find c..pdf
 

Último

Key note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdfKey note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdfAdmir Softic
 
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...Nguyen Thanh Tu Collection
 
Micro-Scholarship, What it is, How can it help me.pdf
Micro-Scholarship, What it is, How can it help me.pdfMicro-Scholarship, What it is, How can it help me.pdf
Micro-Scholarship, What it is, How can it help me.pdfPoh-Sun Goh
 
Spellings Wk 3 English CAPS CARES Please Practise
Spellings Wk 3 English CAPS CARES Please PractiseSpellings Wk 3 English CAPS CARES Please Practise
Spellings Wk 3 English CAPS CARES Please PractiseAnaAcapella
 
Introduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The BasicsIntroduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The BasicsTechSoup
 
How to Create and Manage Wizard in Odoo 17
How to Create and Manage Wizard in Odoo 17How to Create and Manage Wizard in Odoo 17
How to Create and Manage Wizard in Odoo 17Celine George
 
Holdier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdfHoldier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdfagholdier
 
Application orientated numerical on hev.ppt
Application orientated numerical on hev.pptApplication orientated numerical on hev.ppt
Application orientated numerical on hev.pptRamjanShidvankar
 
General Principles of Intellectual Property: Concepts of Intellectual Proper...
General Principles of Intellectual Property: Concepts of Intellectual  Proper...General Principles of Intellectual Property: Concepts of Intellectual  Proper...
General Principles of Intellectual Property: Concepts of Intellectual Proper...Poonam Aher Patil
 
Activity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfActivity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfciinovamais
 
This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.christianmathematics
 
Third Battle of Panipat detailed notes.pptx
Third Battle of Panipat detailed notes.pptxThird Battle of Panipat detailed notes.pptx
Third Battle of Panipat detailed notes.pptxAmita Gupta
 
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptxMaritesTamaniVerdade
 
The basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptxThe basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptxheathfieldcps1
 
1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdfQucHHunhnh
 
Making communications land - Are they received and understood as intended? we...
Making communications land - Are they received and understood as intended? we...Making communications land - Are they received and understood as intended? we...
Making communications land - Are they received and understood as intended? we...Association for Project Management
 
On National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsOn National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsMebane Rash
 
Understanding Accommodations and Modifications
Understanding  Accommodations and ModificationsUnderstanding  Accommodations and Modifications
Understanding Accommodations and ModificationsMJDuyan
 
ComPTIA Overview | Comptia Security+ Book SY0-701
ComPTIA Overview | Comptia Security+ Book SY0-701ComPTIA Overview | Comptia Security+ Book SY0-701
ComPTIA Overview | Comptia Security+ Book SY0-701bronxfugly43
 

Último (20)

Key note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdfKey note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdf
 
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
 
Micro-Scholarship, What it is, How can it help me.pdf
Micro-Scholarship, What it is, How can it help me.pdfMicro-Scholarship, What it is, How can it help me.pdf
Micro-Scholarship, What it is, How can it help me.pdf
 
Spellings Wk 3 English CAPS CARES Please Practise
Spellings Wk 3 English CAPS CARES Please PractiseSpellings Wk 3 English CAPS CARES Please Practise
Spellings Wk 3 English CAPS CARES Please Practise
 
Introduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The BasicsIntroduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The Basics
 
How to Create and Manage Wizard in Odoo 17
How to Create and Manage Wizard in Odoo 17How to Create and Manage Wizard in Odoo 17
How to Create and Manage Wizard in Odoo 17
 
Holdier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdfHoldier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdf
 
Application orientated numerical on hev.ppt
Application orientated numerical on hev.pptApplication orientated numerical on hev.ppt
Application orientated numerical on hev.ppt
 
General Principles of Intellectual Property: Concepts of Intellectual Proper...
General Principles of Intellectual Property: Concepts of Intellectual  Proper...General Principles of Intellectual Property: Concepts of Intellectual  Proper...
General Principles of Intellectual Property: Concepts of Intellectual Proper...
 
Activity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdfActivity 01 - Artificial Culture (1).pdf
Activity 01 - Artificial Culture (1).pdf
 
This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.
 
Third Battle of Panipat detailed notes.pptx
Third Battle of Panipat detailed notes.pptxThird Battle of Panipat detailed notes.pptx
Third Battle of Panipat detailed notes.pptx
 
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
 
The basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptxThe basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptx
 
1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdf
 
Making communications land - Are they received and understood as intended? we...
Making communications land - Are they received and understood as intended? we...Making communications land - Are they received and understood as intended? we...
Making communications land - Are they received and understood as intended? we...
 
Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024
 
On National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsOn National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan Fellows
 
Understanding Accommodations and Modifications
Understanding  Accommodations and ModificationsUnderstanding  Accommodations and Modifications
Understanding Accommodations and Modifications
 
ComPTIA Overview | Comptia Security+ Book SY0-701
ComPTIA Overview | Comptia Security+ Book SY0-701ComPTIA Overview | Comptia Security+ Book SY0-701
ComPTIA Overview | Comptia Security+ Book SY0-701
 

From the data in Problem ABOVE, if the price of a cheeseburger is $2,.pdf

  • 1. From the data in Problem ABOVE, if the price of a cheeseburger is $2, the price of a bag of french fries is $1, and you have $6 to spend (and you spend all of it), what is the utility- maximizing combination of cheeseburgers and french fries? Suppose that you observe that total utility rises as more of an item is consumed. What can you say for certain about marginal utility? Can you say for sure that it is rising or falling or that it is positive or negative? (5 POINTS)