Use the table Dolly's Total Utility from Product Z to respond to the questions below.

A. Is Dolly's total utility increasing at a constant rate, a decreasing rate, or an increasing rate? Explain.
B. A friend tells you that Dolly will certainly consume six units of product Z because that is where total utility is greatest. Do you agree or disagree? Explain.
C. A different friend tells you that it's entirely possible that Dolly will not consume any units of product Z. Do you agree or disagree? Explain.

Question

Use the table Dolly's Total Utility from Product Z to respond to the questions below.
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  A. Is Dolly's total utility increasing at a constant rate, a decreasing rate, or an increasing rate? Explain.
B. A friend tells you that Dolly will certainly consume six units of product Z because that is where total utility is greatest. Do you agree or disagree? Explain.
C. A different friend tells you that it's entirely possible that Dolly will not consume any units of product Z. Do you agree or disagree? Explain.

Quizplus · Accepted Answer

The Answer of Use the table Dolly's Total Utility from Product Z to respond to the questions below.
​
  A. Is Dolly's total utility increasing at a constant rate, a decreasing rate, or an increasing rate? Explain.
B. A friend tells you that Dolly will certainly consume six units of product Z because that is where total utility is greatest. Do you agree or disagree? Explain.
C. A different friend tells you that it's entirely possible that Dolly will not consume any units of product Z. Do you agree or disagree? Explain.

Use the Table Dolly's Total Utility from Product Z to Respond