Multiple Choice
Jose goes to an all-you-can-eat buffet at a Chinese restaurant and consumes three plates of food.He does not go back for a fourth plate of food because
A) The price of the fourth plate is too high.
B) He has reached the point of increasing marginal utility.
C) The marginal utility of the fourth plate would be zero or even negative.
D) His total utility would increase with the fourth plate of food.
Correct Answer:
Verified
Correct Answer:
Verified
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