Solved

If Anne Receives More Satisfaction as She Consumes More Shoes,then

Question 66

Multiple Choice

If Anne receives more satisfaction as she consumes more shoes,then


A) The marginal utility of shoes is positive
B) The marginal utility of shoes is negative
C) The marginal utility of shoes is constant
D) The marginal utility of shoes is zero

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q46: Dane consumes both hamburgers and pizza.Suppose the

Q57: If two consumption bundles lie on the

Q59: As we move down and to the

Q60: Intuitively,the marginal rate of substitution for X

Q61: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1639/.jpg" alt=" -Refer to Figure

Q63: A utility function is a mathematical formula

Q64: Suppose Joe's MRS for cookies with crackers

Q65: Assume that if an individual prefers X

Q67: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1639/.jpg" alt=" -Refer to Table

Q68: Which of the following is NOT a