Generally speaking, when the utility from good A is greater than the utility from good B,
A)good B is preferred compared to good A.
B)good B will be consumed.
C)good A is preferred compared to good B.
D)good B is more useful than good A.
E)good A is more useful than good B.

Question

Quizplus · Accepted Answer

When the utility from good A is greater than the utility from good B, it means that good A provides more satisfaction or usefulness to the consumer. Therefore, good A is preferred over good B.

Generally Speaking, When the Utility from Good a Is Greater