What is roberts marginal utility from his third cd

Assignment Help Microeconomics

Reference no: EM131010061

Robert is buying CDs. He receives 96 utils from his first CD, 48 Utils from his second CD, and 28 utils from his third CD. What is Roberts marginal utility from his third CD?

Reference no: EM131010061

Questions Cloud

What will be the percentage return on your investment : A stock sells for $30 per share. You purchase 150 shares for $30 a share (i.e., for $4,500), and after a year the price rises to $37.50. What will be the percentage return on your investment if you bought the stock on margin and the margin requiremen..

Identify and define the first of the two concepts : Identify and define the first of the two concepts you will be applying.?- note: The definitions MUST come from either our textbook or class notes

Annual percentage rate with monthly compounding : Which account would be preferred by a depositor: an 8 percent annual percentage rate (APR) with monthly compounding or 8.1 percent annual percentage rate (APR) with semi-annual compounding?

Exclusionary rule be used to return a prisoner to prison : What if this person whom he or she is contacting was a family member? Why can some material that would normally be forbidden under the exclusionary rule be used to return a prisoner to prison or jail?

What is roberts marginal utility from his third cd : Robert is buying CDs. He receives 96 utils from his first CD, 48 Utils from his second CD, and 28 utils from his third CD. What is Roberts marginal utility from his third CD?

Which involves driving out to the suburbs : Bob received a new 5-weight, 9 foot Sage XP fly rod for Christmas. The rod cost his wife $500 at the local fly shop. The only problem is Bob already has a 5-weight, 9 foot, Sage XP fly rod. Bob is trying to decide whether to return the rod to the sto..

Which sentence is a sub-conclusion : Consider the following argument and say which sentence is a sub-conclusion (both a premise and a conclusion). There is substantial evidence that Abner Doubleday did not invent baseball. He made no mention of it in his many letters and papers. He cert..

What is the conclusion of this argument : What is the conclusion of this argument? If sea levels rise dramatically then some low islands are at danger of disappearing. The Maldives are coral islands in the Indian Ocean none of which are more than six feet above sea level.

Operates landfills for several municipalities : Star Industries owns and operates landfills for several municipalities throughout the U.S. Midwest. Star typically contracts with the municipality to provide landfill services for a period of 20 years. The firm then constructs a lined landfill (requi..

User Account

All Pages