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Suppose the Figure Below Shows Luke's Demand Curve for Check-Ups

Question 34

Multiple Choice

Suppose the figure below shows Luke's demand curve for check-ups along with the supply curve for check-ups. Suppose the figure below shows Luke's demand curve for check-ups along with the supply curve for check-ups.   If Luke had to pay the entire marginal cost of each check-up, then he would choose to have ­______ check-ups a year. A) 5 B) 1 C) 2 D) 3 If Luke had to pay the entire marginal cost of each check-up, then he would choose to have ­______ check-ups a year.


A) 5
B) 1
C) 2
D) 3

Correct Answer:

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