The law of diminishing marginal utility refers to
A) a consumer's decrease in total satisfaction as she consumes more units of a good.
B) a consumer's decrease in additional satisfaction as she consumes more and more units of a good.
C) the idea that total utility is negative.
D) the idea that marginal utility is negative.
Correct Answer:
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Q144: The law of diminishing marginal utility is
Q145: For Matthew, the marginal utility of the
Q146: Refer to the information provided in Figure
Q147: Related to the Economics in Practice on
Q148: Refer to the information provided in Figure
Q150: Ricardo eats 20 pieces of sushi on
Q151: The marginal utility of the first cup
Q152: The law of diminishing marginal utility implies
Q153: Related to the Economics in Practice on
Q154: Refer to the information provided in Figure
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