If a consumer receives 20 units of utility from consuming two candy bars, and 25

Question

If a consumer receives 20 units of utility from consuming two candy bars, and 25 units of utility from consuming three candy bars, the marginal utility of the third candy bar is 25 utility units. 20 utility units. 5 utility units. unknown, as more information is needed to determine the answer. Mark Frost grows apples in a perfectly competitive market. If we drew a line in a graph that illustrates Mari's total revenue from selling apples, it would be a straight, upward-sloping line. a horizontal line. a straight, downward-sloping line. a curse that is negatively sloped at low levels of output and positively sloped at higher levels of output. If the market price is $25 in a perfectly competitive market, the marginal revenue from selling the fifth unit is $5. $12.50. $25. $125. Which of the following statements is true? Exports benefit trading countries because exports create jobs. Imports do not benefit trading countries because they result in a loss of jobs Each year China exports about 50 percent of its wheat crop and 40 percent of its rice crop. Most of the leading exporting countries are large, high-income countries. All sectors of the U.S. economy are affected equally by international trade. The demand curve for an individual seller's product in perfect competition is

Explanation / Answer

37.

marginal utility from thrid=25-20=5

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