Mary says, "You would have to pay me $50 to attend that pro wrestling event." For Mary, the marginal utility of the event is
A)zero.
B)positive, but declines rapidly.
C)negative.
D)positive, but less than the ticket price.

Question

Quizplus · Accepted Answer

Mary's statement implies that she perceives attending the event as a negative experience, hence the marginal utility for her is negative.

Mary Says, "You Would Have to Pay Me $50 to Attend