Question

In 2011, 60 percent of goods imported by the United States came from just seven nations. Which of the following nations was NOT one of those seven?

a	South Korea

b

Mexico

c

Japan

d

Canada

e

Australia

Refer to the following table to answer the following questions:

Soccer Games Attended	Total Utility (Utils per Game)
0	0
1	150
2	275
3	375
4	450
5	500
6	525
7	500
8	400

If the price of attending a soccer game changes from $20 to $25, the marginal utility per dollar spent for the fifth game changes from

a	3.00 to 3.75.

b	5.00 to 4.00.

c	18.75 to 15.00.

d	3.75 to 3.00.

e	4.00 to 3.00.

Answer 1

1) 20625 215 51 315 (s15- 11)s 2 3 3113 (3o 52 (25 15- -15 25 61 C2 e chan nd the Houwth me it 3.15 to 3