Solved

If Marginal Utility of Apples Is Diminishing and Is a Positive

Question 53

Multiple Choice
If marginal utility of apples is diminishing and is a positive amount, consuming one more apple will cause
A)total utility to decrease.
B)a consumer to get no satisfaction from consuming apples.
C)a consumer's total utility to increase.
D)a consumer to go beyond her optimal consumption of apples.

If marginal utility of apples is diminishing and is a positive amount, consuming one more apple will cause


A) total utility to decrease.
B) a consumer to get no satisfaction from consuming apples.
C) a consumer's total utility to increase.
D) a consumer to go beyond her optimal consumption of apples.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents