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The Table Below Shows the Total Utility Associated with Various

Question 101

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The table below shows the total utility associated with various units of goods X and Y.Table 7.5
The table below shows the total utility associated with various units of goods X and Y.Table 7.5    -The demand curve slopes downward because of: A) diminishing marginal utility and consumer equilibrium. B) the fact that consumers cannot decide how much they want to pay for goods and services. C) the fact that suppliers cannot decide how much to charge for the goods and services they supply. D) the fact that consumer tastes and preferences change rapidly. E) the fact that consumers are fickle, which makes pricing a good or service very difficult.
-The demand curve slopes downward because of:


A) diminishing marginal utility and consumer equilibrium.
B) the fact that consumers cannot decide how much they want to pay for goods and services.
C) the fact that suppliers cannot decide how much to charge for the goods and services they supply.
D) the fact that consumer tastes and preferences change rapidly.
E) the fact that consumers are fickle, which makes pricing a good or service very difficult.

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