Multiple Choice
Diminishing marginal utility means that
A) Ralph will enjoy his second hamburger less than the first one.
B) the utility from one hamburger is greater than the utility from two hamburgers.
C) the price of two hamburgers is less than twice the price of one.
D) the utility from eating two hamburgers will be more than twice the utility from eating the first one.
E) hamburgers seem smaller as you eat more of them.
Correct Answer:

Verified
Correct Answer:
Verified
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