Complete question :
If the price of an apple is $0.50, the marginal utility per dollar spent for the fifth apple is:
Number of apples ____total utility
2__________________130
3__________________180
4__________________220
5__________________250
6__________________270
7__________________280
Answer:
60
Explanation:
The marginal utility simply refers to the change or extra satisfaction derived with change in consumption.
Hence, the marginal utility of the fifth apple equals :
Difference /change or extra satisfaction derived by consuming one more than 4 apples = (total utility of 5th apple - total utility of 4th apple)
= (250 - 220) = 30
Hence, marginal utility per dollar :
Marginal utility / price per apple
Price per apple = $0.5
Marginal utility of 5th apple = 30
Therefore,
30 / 0.5
= 60
<span>Jobs, Healthcare, Insurance, Assistance in House payments, Rewards for being loyal Or just Being with a certain service for so long.</span>
Answer:
A.
ensure a basis of nation wide support for an elected president
Yes, it is fair because some people might intentionally did it for their own self act of crime. Not everyone is good. Some people are very selfless.
