ECON 2000 Chapter : Econ SI Sept 21
Document Summary
Tuesday 3:00-4:00: the pleasure or satisfaction obtained from a good or service is known as. ___________________________: _________________ is a unit measuring satisfaction , marginal utility = __________________________________, fill in the blanks below: True or false: you can increase total utility by buying more skittles and less starbursts. Tuesday 3:00-4:00: sam consumes only tacos and sandwiches. In equilibrium, her marginal utility of tacos is. 20 and her marginal utility of a sandwich is 10. __________________: the people who purchase a product are those whose max price. _______________________________________________________________________: the following data reveals how much each customer is willing to pay for a flight to. Mike has to spend on sandwiches and soda. The price of a sandwich is . 00 and the price of a soda is . 00. Tuesday 3:00-4:00: carly consumes both strawberries and blueberries. Let ps represent the price of strawberries and pb be the price of blueberries.
