Sven likes to water ski,but can only water ski during the one week that he is on vacation.Therefore,he plans to ski every day,for eight hours a day.The first day,Sven skied for eight hours and enjoyed every hour.The second day,Sven slept in and then skied for seven hours,which was fun but not as much fun as the first day.The third day,Sven skied for six hours,but was starting to get a bit bored by the end.The fourth day,Sven skied for four hours and then took a nap.On the fifth day of Sven's vacation,Sven went blueberry picking all day.
Sven's total utility _______ with each hour that he skied.
A) increased
B) decreased
C) remained constant
D) first increased than decreased
Correct Answer:
Verified
Q23: Laura's total utility from consuming 8, 9,
Q29: Sven likes to water ski,but can only
Q30: Pat's total utility after eating 100 Reese's
Q31: Donald has vast riches and consumes thousands
Q33: Sven likes to water ski,but can only
Q35: If Terry gets maximum utility from owning
Q36: _ is the additional utility gained from
Q37: Suppose Chris' marginal utility from the first
Q38: During Thanksgiving you participated in a pumpkin-pie
Q39: The term marginal utility denotes the amount
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents