C13 Microeconomics Online Exams 1-8 Answers (Ashworth College)

A.
$1,000
B. $1,200
C. $800
D. $200
Question 37 of
2.5/ 2.5 Points
40
Consumers should allocate their scarce income so that __________ .
A. the marginal utility for all goods consumed is zero
B. the marginal utility for all goods consumed is equal
C. the marginal utility divided by price is equal for all goods consumed
D. the marginal utility divided by price is maximized for all goods
consumed
Question 38 of
2.5/ 2.5 Points
40
From 1998 to 2010, the cost of electricity produced with nuclear power has __________ and the
cost of electricity produced with solar power has __________ .
A. increased; increased
B. increased; decreased
C. decreased; increased
D. decreased;
decreased
Question 39 of
40
2.5/ 2.5 Points