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Newspaper Vending Machines,from Which Customers Could Take More Than One

Question 147

Multiple Choice

Newspaper vending machines,from which customers could take more than one paper for the same amount of money if they so desired,illustrate the publishers' belief that the _____


A) average utility of two identical newspapers is zero or less.
B) total utility from two identical newspapers is zero or less.
C) marginal utility of a second identical newspaper is zero or less.
D) marginal utility of a second identical newspaper is greater than the marginal utility of the first newspaper.
E) total utility from two identical newspapers is less than the total utility from the first newspaper.

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