menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics-Microeconomics
  4. Exam
    Exam 8: Utility and Demand
  5. Question
    Marginal Utility Theory Assumes That When Sally Consume Less of a Good
Solved

Marginal Utility Theory Assumes That When Sally Consume Less of a Good

Question 53

Question 53

Multiple Choice

Marginal utility theory assumes that when Sally consume less of a good that she was previously consuming more than one unit of, her


A) total utility increases.
B) marginal utility increases.
C) income increases.
D) total utility is maximized.

Correct Answer:

verifed

Verified

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

Related Questions

Q48: Teddy buys only chocolate chip cookies and

Q49: If marginal utility is positive but diminishing,

Q50: Water has a _ marginal utility and

Q51: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The table above

Q52: Kumiko is not at her consumer equilibrium

Q54: When Ramona is in consumer equilibrium<br>A) her

Q55: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the figure

Q56: In consumer equilibrium, Harold consumes pizza, sodas,

Q57: Betty consumes only milkshakes and sandwiches and

Q58: Milkshakes Sodas<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt="Milkshakes Sodas

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