The marginal utility of a second copy of today's New York Times is
A) infinite
B) practically zero
C) positive and greater than the marginal utility of the first copy
D) equal to the marginal utility of the first copy
E) 50 cents
Correct Answer:
Verified
Q22: Which of the following sayings describes the
Q23: "I don't feel so good.I shouldn't have
Q24: The law of diminishing marginal utility states
Q25: The law of diminishing marginal utility implies
Q26: Marginal utility is defined as the
A)average amount
Q28: If marginal utility is negative, total utility
Q29: The law of diminishing marginal utility states
Q30: "The second glass of Evian water was
Q31: Total utility can be calculated as the
A)sum
Q32: Positive marginal utility implies increasing total utility.
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