Table 5-1B If a graph of Robinson's marginal utility were constructed from Table 5-1B, it would

Name: Table 5-1B If a graph of Robinson's marginal utility were constructed from Table 5-1B, it would
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Question

Table 5-1B  If a graph of Robinson's marginal utility were constructed from Table 5-1B, it would

Quizplus · Accepted Answer

The graph of Robinson's marginal utility would illustrate the "law" of diminishing marginal utility, be a negatively sloped curve, and illustrate a typical consumer's satisfaction derived from consumption of consecutive units of a good. Therefore, all of the responses in the options are correct.

Table 5-1B If a Graph of Robinson's Marginal Utility