Mylies total utility from singing the same song over and, Ask an Expert

Economics

Mylie's total utility from singing the same song over and over is 50 utils after one repetition, 90 utils after two repetitions, 70 utils after three repetitions, 20 utils after four repetitions, 250 utils after five repetitions, and 2200 utils after six repetitions. Write down her marginal utility for each repetition. Once Mylie's total utility begins to decrease, does each additional singing of the song hurt more than the previous one or less than the previous one?

View complete question

Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9499772

Have any Question?Write your Review or question?

Related Questions in Macroeconomics

Question according to the definition a perfectly

Question: According to the definition, a perfectly competitive firm cannot affect the market price by any changing only its own output. Producer No. 27 in problem 2 decides to experiment by producing only 8 units. a. Wha ...

Question pepsico produces both a cola and a major brand of

Question: PepsiCo produces both a cola and a major brand of potato chips. Coca-Cola produces only drinks. When might it make sense for PepsiCo to divest its potato chip operations? For Coca-Cola to begin manufacturing sn ...

Question one of the big differences between the national

Question: One of the big differences between the National Football League and Power Five conference college football is that professional athletes receive payment for their services while collegiate athletics is strictly ...

Question - in this question i will guide you through a

Question - In this question, I will guide you through a simple AK model. The so-called AK model is a special case of the Solow Model. The production function is simply Y = AK so 1/3 for capital in the last question becom ...

1explain four types of unemployment2explain the advantages

1. Explain four types of unemployment 2. Explain the advantages and disadvantages of:(a) A flexible exchange rate regime (b) A fixed exchange rate regime 3. Suppose the Reserve Bank of Australia increases the interest ra ...

Question suppose us college students studying in france

Question: Suppose US college students, studying in France during the summer term, wish to remain in the country an extra two weeks and purchase train on the Indian Pacific rail line tickets in order to travel from Sydney ...

Question - practical applications the central banks can

Question - Practical Applications: The Central banks can influence a country's economy by solely varying interest rates. How? Policy Notebook: In a globalised economy, these policies need to be coordinated and cooperated ...

Introductory economics assignment -three problem-solving

Introductory Economics Assignment - Three Problem-Solving Questions. Question 1 - Australia and Canada have a free trade agreement in which, Australia exports beef to Canada. a. Draw a graph and use it to explain and ill ...

Question describe both law of demand amp law of supply

Question: Describe both "Law of Demand" & "Law of Supply" regarding price changes relative to the substitution and income effect? In your response, describe how a simultaneous increase in the gasoline tax and a decrease ...

Question assume an economy is described by the following

Question: Assume an economy is described by the following economic parameters: C = 0.8YD YD = Y + TR - tY TR = 100 t = 0.3 I = 1000 - 65i G = 600 L = 0.25Y - 75i M/P = 600 What is the equation that describes the IS curve ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Macroeconomics Expert