Multiple Choice
Which of the following is an example of diminishing marginal utility?
A) a person buying additional goods after getting a pay raise
B) a person eating more Twinkies but enjoying each successive Twinkie less than the previous one
C) a person giving some of his income to a needy person
D) a person who spends more hours studying than his fellow students
E) a person buying goods as long as her marginal utility is greater than zero
Correct Answer:
Verified
Correct Answer:
Verified
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