Multiple Choice
Kelly has decided that she would enjoy eating another cupcake. Which of the following statements is consistent with Kelly's decision?
A) Kelly's marginal utility has decreased with a corresponding decrease in total utility.
B) Kelly's marginal and total utility remain unchanged.
C) Kelly's marginal utility has decreased but it is unclear what has happened to total utility.
D) Kelly's total utility has increased but it is unclear what has happened to her marginal utility.
Correct Answer:
Verified
Correct Answer:
Verified
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