Multiple Choice
"I don't feel so good; I shouldn't have had that last doughnut." Which of the following supports this statement?
A) The marginal utility of the last doughnut was positive.
B) The marginal utility of doughnuts is still increasing.
C) The total utility from eating doughnuts is negative.
D) The marginal utility of the last doughnut was negative.
E) The marginal utility of the next doughnut will be positive.
Correct Answer:
Verified
Correct Answer:
Verified
Q80: Suppose Sally allocates her budget between two
Q81: Utility is _<br>A)the sense of pleasure or
Q82: Suppose the marginal utility of a unit
Q83: Demand curves usually slope downward because of
Q84: If medical care is provided free of
Q86: In order to derive a demand curve
Q87: Which of the following statements is true?<br>A)The
Q89: People who use drive-through windows at restaurants
Q90: Table 6.1<br> <span class="ql-formula" data-value="\begin{array}
Q99: Positive marginal utility implies increasing total utility.