Multiple Choice
The New York Yankees are the winningest team in all of professional sports history. When interviewed after sweeping a World Series, the Yankee manager always says that, "To me, this win is the sweetest of them all." To an economist, it means that
A) the marginal utility of the last win is greater than the total utility of all previous
Yankee World Series wins
B) the law of diminishing marginal utility applies here
C) the law of diminishing marginal utility doesn't apply here
D) the manager engages in interpersonal comparisons of utility
E) consumer surplus increases with each win
Correct Answer:

Verified
Correct Answer:
Verified
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