If You Exert 100 J to Lift a Box in 50

question 120

Multiple Choice

If you exert 100 J to lift a box in 50 s your power output is

• A)1/4 W.
• B)1/2 W.
• C)2 W.
• D)4 W.
• E)more than 4 W.

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Definitions:

Total Utility

The total satisfaction received from consuming a certain quantity of goods or services.

Marginal Utility

is the additional satisfaction or utility that a consumer receives from consuming one more unit of a good or service.

Total Utility

The total satisfaction or benefit received by consuming a given total quantity of a good or service.

Market Equilibrium

A market state where the supply of goods matches demand, with no incentive for price to change.