Multiple Choice
If a good is offered to a rational individual for free, she will
A) accept unlimited quantities of the good each time period
B) stop consuming it when its marginal utility begins to increase
C) stop consuming it when its marginal utility begins to diminish
D) stop consuming it when its marginal utility equals zero
E) stop consuming it when its total utility equals zero
Correct Answer:
Verified
Correct Answer:
Verified
Q80: Exhibit 6-29 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 6-29
Q81: Which of the following would not cause
Q82: If two goods have the same price,
Q83: People change their consumption choices in response
Q84: Exhibit 6-25 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 6-25
Q86: _ utility is constant along a given
Q87: According to the law of diminishing marginal
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