loader  Loading... Please wait...

Question(s) / Instruction(s):

according to the general utility formula, the marginal utility of a good divided by the price of that good is:

a)      less that negative one

b)      equal to one

c)       greater than one

d)      equal to zero

Find Similar Answers by Subject

Student Reviews

Rate and review your solution! (Please rate on a Scale of 1 - 5. Top Rating is 5.)

Expert's Answer
Download Solution:

This solution includes:

  • Plain text
  • Cited sources when necessary
  • Attached file(s)
  • Solution Document(s)

Reach Us