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
A, colleges want to see your gpa and test scores to see how well you performed in high school. colleges don’t really care about employment history, siblings level of education, and your physical education grades (although you need to maintain good grades)
Narcissism is the tendency to view one’s own culture or group as superior to others is a false statement.
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Explanation:
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It is not true that narcissism is the tendency to view one’s own culture or group as superior to others. Ethnocentrism is the term that denotes this kind of behavior. This is the term that refers to a positive attitude about one group or culture with a negative attitude towards another group or culture.
The person with a narcissistic personality disorder will have the characteristics of feeling themselves superior to others and insult them, do things to impress others.