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
Answer:
When traveling at 55mph, that's enough time to cover the length of a football field blindfolded” (2009, VTTI). Driving has become an automatic process for most of us who drive therefore many drivers will divide their attention to a few tasks at the same time while driving.
Explanation:
Answer: B
Explanation:
The reason why I would pick B is because what if they are armed and dangerous. What if you aren't that fast and you lose him. I would wait for the Police because it is there job to hunt down the bad guys and chase them. Also what if you question him and he lies and tries to get away because you aren't strong enough. And what if he tries to hijack another car.
But at they same time he was about to answer the question.
The correct answer to this open question is the following.
Although there are no options attached we can say the following.
What gave George W Bush an advantage in the election of 1988 was that he showed more poise, balance, and experience than his rival, Democrat Michael Dukakis.
During his political campaingm}, Republican candidate George H. W. Bush promised not to raise taxes, something that really appeal to his Republican and conservative followers. He promised to have a George H. W. Bush had a more conciliatory approach in his relationship to Middle East foreign affairs.
However, during his administration, he had to break his promise of not raising taxes and that really disappointed the American people.