menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics Study Set 10
  4. Exam
    Exam 20: Consumer Choice and Behavioral Economics
  5. Question
    Economists Usually Assume That Money Has __________ Marginal Utility
Solved

Economists Usually Assume That Money Has __________ Marginal Utility

Question 96

Question 96

Multiple Choice

Economists usually assume that money has __________ marginal utility.


A) increasing
B) constant
C) decreasing
D) zero

Correct Answer:

verifed

Verified

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

Related Questions

Q91: Economist David Friedman pointed out that<br>A)the endowment

Q92: Suppose people are in consumer equilibrium buying

Q93: The endowment effect<br>A)states that we value an

Q94: We take one dollar from a pauper

Q95: A util is an artificial construct used

Q97: Suppose you could quantify the amount of

Q98: We would expect the total utility of

Q99: Marginal utility is defined as the<br>A)change in

Q100: Smith says she gets 5 utils from

Q101: An indifference curve shows<br>A)the bundles of two

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines