menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics A Contemporary Introduction Study Set 1
  4. Exam
    Exam 6: Consumer Choice and Demand
  5. Question
    The Fact That the Washroom Usually Has Paper Towels Left
Solved

The Fact That the Washroom Usually Has Paper Towels Left

Question 127

Question 127

True/False

The fact that the washroom usually has paper towels left (free to the consumer)suggests that the marginal utility of paper towels quickly diminishes to 0 for each consumer.

Correct Answer:

verifed

Verified

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

Related Questions

Q122: Assume that you allocate your income to

Q123: Which of the following varies along a

Q124: Exhibit 6-20 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 6-20

Q125: If Ellie Mae spends her income on

Q126: When price decreases, consumer surplus<br>A)increases<br>B)remains constant<br>C)decreases<br>D)becomes negative<br>E)may

Q128: Elvis values the first gravy sandwich at

Q129: A utility-maximizing consumer equalizes marginal utilities across

Q130: The law of diminishing marginal utility may

Q131: Exhibit 6-11 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 6-11

Q132: Negative marginal utility means that<br>A)total utility is

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