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To Say That You Can't Have Too Much of a Good

Question 3

Multiple Choice

To say that you can't have too much of a good thing means that,for any good that you enjoy (e.g. ,pizza) :


A) higher consumption will always lead to higher utility.
B) higher consumption will cause utility to decrease at an increasing rate.
C) higher consumption will increase utility,but only up to a point;after that,utility will start to decrease.
D) it is valid to measure utility in utils.

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