Jose goes to an all-you-can-eat buffet at a Chinese restaurant and consumes three plates of food.He does not go back for a fourth plate of food because
A) The price of the fourth plate is too high.
B) He has reached the point of increasing marginal utility.
C) The marginal utility of the fourth plate would be zero or even negative.
Correct Answer:
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Q9: As more satisfaction is achieved from consuming
Q10: The law of diminishing marginal utility suggests
Q11: If a product has a high marginal
Q12: Q13: If marginal utility is negative,then Q15: Sociopsychiatric explanations of consumer behavior include the Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A)Total utility will
A)Desire