Question 1. Simple dispensing machines offer opportunites for consumers to take numerous copies for the price of 1 copy. Why do consumers usually take only one copy?
Question 2: The price of a seasonal pass to six flags great adventure is not much more than a weekly pass. Why is this a reasonable pricing policy?
Question 3: Tim eats only burgers and tacos. in equilibrium, his marginal utility of burgers is 20 and his marginal utility of tacos is 10. The price of burgers is $4. what is the price of a taco?