Multiple Choice
A local restaurant offers an "all you can eat" ribs special. You pay $11.95, and then you can eat as many servings as you desire at no additional cost. It would follow that you will stop eating when
A) your marginal utility (or value) derived from eating another serving is zero.
B) your total utility (or value) derived from all of the servings consumed just equals $11.95.
C) your marginal utility (or value) derived from another serving equals $11.95.
D) it is physically impossible for you to eat any more.
Correct Answer:
Verified
Correct Answer:
Verified
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