How can greater total utility be obtained

Assignment Help Business Economics

Reference no: EM13145432

Suppose the marginal utility of a Coke is 15 utils and its price is $1. The marginal utility of a pizza is 20 utils, and its price is $2. If you buy one unit of each good, will you achieve consumer equilibrium? If not, how can greater total utility be obtained?

Reference no: EM13145432

Questions Cloud

What is the population if questionnaires are returned : Undergraduates at her college and mails a questionnaire to 250 students selected at random. Only 104 questionnaires are returned. what is the population.

Calculate consumption expenditures as a percent of real gdp : Calculate consumption expenditures as a percent of real GDP for all years and calculate GDP growth in 2011 and 2012.

What proportion of the offspring flies would have long wings : In fruit flies long wing (L) is dominant vestigial wing (l) is recessive gray body (G) is dominant ebony body is recessive. two fruit flies were mated that were long-winged gray bodies. The genotype of these two parental flies is LlGg x LlGg.

What mass of cacl2 is needed : What mass of CaCl2, when dissolved in 100.00g of water, gives an expected freezing point of -5.0 degrees celcius; CaCl2 is ionic?

How can greater total utility be obtained : The marginal utility of a pizza is 20 utils, and its price is $2. If you buy one unit of each good, will you achieve consumer equilibrium? If not, how can greater total utility be obtained?

Evaluate the third-party payment system and its effect : Evaluate the third-party payment system and its effect on the consumption and provision of health care services. Determine the most problematic area and make the relative improvements.

What is the volume needed to make naoh : What is the volume (in mL) needed to make a 0.1273 M NaOH solution with 0.02534 moles of NaOH?

How ere the bacteria getting into the household water : How ere the bacteria getting into the household water? What bacterial structures make this possible?

Transaction for tax purposes : At the time Silver is acquired by Gold, the accumulated earnings and profits of Silver are $100,000 and Gold s are $50,000. How does Alluvia treat this transaction for tax purposes?

User Account

All Pages