On a deserted island, high-speed Internet service would have a __ marginal utility than in New York City,
while quiet evenings in New York City would carry a ____ marginal utility than on a deserted island.
A.lower; higher
B.higher; lower
C.lower; lower
D.higher; higher
Correct Answer:
Verified
Q3: Economists identify the satisfaction a person derives
Q13: Utility is most closely related to:
A) usefulness.
B)
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Q219: Figure: Kristin's Budget Line
(Figure: Kristin's Budget Line)
Q220: Scenario: e-Books and Sports Tickets Phillip has
Q221: The principle of diminishing marginal utility states
Q222: An individual gets 5 units of utility
Q228: Suppose bad weather and pollution dramatically reduce
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