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
I agree driving should be age 18
Answer:
It established the precedent of representational, democratic government, now the model of governance in much of the world. It also established liberal social tenets of equality among all citizens, basic property rights, and separation of church and state, much as did the American Revolution.
Explanation:
Answer:
A.) Fixed interval schedule
Explanation:
Reinforcement schedules may be carried out after a number of resposes or a specific length of time. Ratio schedules involves reinforcement carried out after a certain number of responses while interval schedules are carried out based on a specific time frame.
Similarly, Fixed schedules involves responses carried out within a known or predictable time frame while variable schedules aren't fixed and are thus unpredictable.
In the case of Ms. Davis narrated above, she carries out reinforcement every morning between 8:00 - 8:30 a.m ; Thaibdepicysbthat reinforcement occurs at a fixed time and duration ; this means the time is known and the period is time is specified. Hence, this is a FIXED INTERVAL SCHEDULE.
