Solved

A Rational Individual Will Never Consume a Unit of a Good

Question 105

Multiple Choice

A rational individual will never consume a unit of a good if its


A) marginal utility is diminishing.
B) marginal utility is greater than the price of the good.
C) marginal utility is increasing.
D) marginal utility is negative.

Correct Answer:

verifed

Verified

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

Related Questions

Q100: -Refer to the</p></div><svg width=

Q101: -In the above</p></div><svg width=

Q102: -In the above</p></div><svg width=

Q103: -Using the above</p></div><svg width=

Q104: The statement that "as more of a

Q106: -Given the above</p></div><svg width=

Q107: -Given the above</p></div><svg width=

Q108: If a person claims, "I wouldn't eat

Q109: -Given the above</p></div><svg width=

Q110: If your guest is serious when he

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