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 their marginal utility is greater than zero
Correct Answer:
Verified
Correct Answer:
Verified
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