Solved

For Adrian, the Marginal Utility of the 5th Energy Drink

Question 168

Multiple Choice

For Adrian, the marginal utility of the 5th energy drink in a day is positive and the marginal utility of the 6th energy drink in a day is zero. This


A) implies that Adrian's demand curve for energy drinks per day will become upward sloping at 6 energy drinks per day.
B) is impossible because each additional unit of consumption of any good must provide positive marginal utility.
C) implies that at a zero price Adrian's demand curve will intersect the quantity axis at 6.
D) implies that Adrian maximizes utility by consuming 5 energy drinks per day.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents