Business, 12.08.2019 20:30 cassiegagnier73

Shipping the good apples out?
suppose apples come in two quality levels, low quality and high quality. at a store in the apple-growing region, the price of low-quality apples is $3 per pound, and the price of high-quality apples is $6 per pound.
timmy lives in the apple-growing region and buys 8 pounds of each type. his marginal utility of low-quality apples is 9 utils and his marginal utility of high-quality apples is 18 utils.
is timmy maximizing his utility?
a. yes. the marginal utility of high quality apples is greater than the marginal utility of low quality apples.
b. no. the marginal utility per dollar of low-quality apples is greater than the marginal utility per dollar of high-quality apples.
c. no. the marginal utility per dollar of high-quality apples is greater than the marginal utility per dollar of low-quality apples.
d. yes. the marginal utility per dollar of each good is equal.
suppose that timmy moves to an area outside the apple-growing region. as a result of increased shipping costs, the price of both low-and high-quality apples increases by $2 per pound in his new area. suppose further that timmy is still able to consume 8 pounds of each type of apple. in this new scenario, is timmy maximizing his utility?
a. no. the marginal utility per dollar of high-quality apples is greater than the marginal utility per dollar of low-quality apples.
b. no. the marginal utility per dollar of low-quality apples is greater than the marginal utility per dollar of high-quality apples.
c. yes. the marginal utility of high quality apples is greater than the marginal utility of low quality apples.
d. yes. the marginal utility per dollar of each good is equal.

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Answer from: deb2710

Yes. The marginal utility per dollar of each good is equal.

No. The marginal utility per dollar of of high-quality apples is greater than the marginal utility per dollar of low-quality apples.

more; fewer

Brainliest Please :)

Answer from: Quest

The federal reserve took an expansionary approach during the crisis. this was done by expanding the money supply and boosting liquidity. this can be seen in the fed's actions of lending to banks, purchasing securities, and lowering the federal funds rate in order to lower overall interest rates. the fed's goal was to increase consumer spending and overall liquidity within the system, and they pursued this by expanding the supply of liquid money.

Answer from: Quest

two years ago, when picking flowers in the mountains back of yosemite valley, i found a book. it was blotted and storm-beaten; all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however; many of the inner pages were well preserved. and although all were more or less stained and torn, whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today; its granite pages have been torn and blurred by the same storms that wasted the castaway book.

two years ago, when picking flowers in the mountains back of yosemite valley; i found a book. it was blotted and storm-beaten, all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however, many of the inner pages were well preserved. and although all were more or less stained and torn; whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today, its granite pages have been torn and blurred by the same storms that wasted the castaway book.

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Shipping the good apples out?
suppose apples come in two quality levels, low quality and high...

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