subject
Mathematics, 13.11.2019 17:31 cmflores3245

Latoya is buying corn chips and soda. she has 4 bags of corn chips and 5 bottles of soda in her shopping cart. the marginal utility of the fourth bag of corn chips is 10, and the marginal utility of the fifth bottle of soda is also 10. is latoya maximizing utility? a. no. she is maximizing marginal utility but not total utility. b. this cannot be determined because we do not know the price of corn chips and soda and whether or not she fully spent her budget allocated to corn chips and soda. c. yes. she is maximizing utility. d. no. she is not maximizing marginal utility.

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 15:00
Abiologist is recording the loss of fish in a pond. he notes the number of fish, f, in the pond on june 1. on july 1 there were 63 fish in the pond, which is 52 fewer fish than were in the pond on june 1. which equation represents this situation? a. f – 52 = 63 b. f – 63 = 52 c. 63 – f = 52 d. f – 63 = –52
Answers: 1
question
Mathematics, 21.06.2019 18:00
Use the distributive law to multiply. 3(4x + 5y + 6)
Answers: 2
question
Mathematics, 21.06.2019 20:30
What is the slope of the line shown below?
Answers: 1
question
Mathematics, 21.06.2019 21:00
How many kilograms of a 5% salt solution and how many kilograms of a 15% salt solution must be mixed together to make 45kg of an 8% salt solution?
Answers: 3
You know the right answer?
Latoya is buying corn chips and soda. she has 4 bags of corn chips and 5 bottles of soda in her shop...
Questions
question
Mathematics, 22.06.2019 15:40
Questions on the website: 13722367