Ask Your Grandparents About Their First Love and They Would

Multiple Choice

Ask your grandparents about their first love and they would probably remember it well. Ask about the second, and it would probably draw a blank. Think in terms of utilityanalysis and their responses come as no surprise because what they remember or don't remember, even about love, reflects the

A) same idea that is associated with the water and diamond paradox
B) law of maximizing utility
C) law of diminishing marginal utility
D) idea that utility is very durable over time
E) fact that total utility must be declining