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Suppose Enid Could Increase Her Total Utility by Purchasing One

Question 16

Multiple Choice

Suppose Enid could increase her total utility by purchasing one more book and one less video rental.Which of the following is true?


A) The marginal utility of video rentals exceeds the marginal utility of books.
B) The marginal utility of books exceeds the marginal utility of video rentals.
C) The marginal utility of video rentals is negative.
D) The marginal utility per dollar spent on books exceeds that of video rentals.
E) Total utility is at a maximum.

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