According to the assumption of the basic consumer theory,which of the following is true?
A) If April consumes more pizza,her marginal utility of consuming pizza is decreasing.
B) If April consumes more pizza,her marginal utility of consuming pizza is increasing.
C) If April consumes more pizza,her marginal utility of consuming pizza is constant.
D) Eating more pizza does not increase April' utility.
Correct Answer:
Verified
Q2: Joshua has income endowment of $1,000,the
Q3: Utility is a measure of
A) the satisfaction
Q4: Joshua has income endowment of $1,000,the price
Q5: Which of the following will increase consumption
Q6: If the prices of food and non-food
Q7: An indifference curve is _.
A) all the
Q8: Which of the following statements is true?
A)
Q9: Consumers' preference are described by
A) indifference curves.
B)
Q10: The substitution effect can be measured by
Q11: When consumers receive distributions of free rise,the
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