Answer:
False.
Explanation:
The study that Dr. Keyes wants to do is a study that uses two variables (pets and happiness). Dr. Keyes wishes to prove the cause and effect relationship between these two variables that prove that the greater the amount of pets (causes) people have, the greater the happiness of these people (effect). For this reason, we can say that Dr. Keyes is not doing a correlational study.
This is because, although the correlational study wishes to observe the relationship between two variables, this study cannot be applied to cause and effect relationships.
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
Mdpaskmdciedmikqo cnt ndrstnd u?
A. Memorizing a pattern
Because cognitive issues is with the brain and memory.
Effective decision-making means comparing the additional
costs of alternatives with the marginal benefits.
To add, <span>a </span>marginal benefit<span> is the additional satisfaction or utility that a
person receives from consuming an additional unit of a good or service.</span> It
is also the topmost amount he is willing to pay to consume that additional
unit of a good or service.
