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Could someone help me on this question? @tas-?× f, Los Angeles HarborColl x eCla

ID: 1163701 • Letter: C

Question

Could someone help me on this question?

@tas-?× f, Los Angeles HarborColl x eClassify Each Of The Stat ×(Lu www.sapinglearning.co X, Chegg Study! Guided S Cww.saplinglearning.com/ibiscms/mod/ibis/view.php?id-5637403 Apps Canvas Loan Cengege Login Student Emel Lour Anthro Class Bcok Economics onine h Student Informatio ? cornert2m 3 net-C , 1 Amazon Credit Car C Chegg Book Rentals Cheg Book Rentals w Transition words & W Transition Words & Sapling Learning Jump to... ?) Carlos Martinez ? mzcmilan leaming Attempts Score (0) 7/9/2018 11:59 PM 9?34 Assignment Information # Available From: 74/2018 06:00 AM Due Date: Points Possble: 34 Grade Category Graded 7/9/2019 11:59 PM Sapling Learning Classify esch of the statements below as true or false by placing them into the correct bin. True False Policies: HW Econ LAHC F15 Marginal utility is always postve. Ublity is a measure of the sstisfaction people receve from their choices You can check your answers. You can keep trying to answer each question until you ger it right or give up. You can view solutions after due dates for ell students in the class have passed. You lose 20%of the points available to each answer in your question for each in attempt at thet answer For multiple choice questions, the penalry depends on the number of choices available. g marginal utility means tha consumpdon af an add values are decreases ulility relatively easy to calcuale. I ublity is the extra one additional unit af consump sabslaction experienced by If you est s slice of pizza that gives you food poisoning your uclity will Ikely decrease. Marginal utlity is atways negative. correct 10 OeTextbook 12 13 0 14 0 15 OHelp With This Topic O Web Help & videos Hint 01-203 pling Learning, Inc syllabus, Econ-1L.L.. o Show allX 1:18 PM O Type here to search 1TIA/2018

Explanation / Answer

Utility is a measure of satisfaction people receives from choices or goods-True

Utility value are easy to calculate- False Normallybwe study utility in ordinal form because utility is difficult to measure.

Utility of pizza that gives food posioning gives negative utility and thus utility decreases. True

MU is always positive-False for bad good Marginal utility is negative.

DMU means for additional consumption, utility decreases- false. It says marginal utility from each successive unit keeps in decreasing.

Mu is the additional satisfaction from consuming an additional unit-True

MU is always negative-False