Multiple Choice
Which of the following is NOT consistent with the law of diminishing marginal utility?
A) Newspaper vending machines are not as secure as soft drink machines.
B) A student selects to eat at an all-you-can-eat restaurant rather than at a restaurant that charges for refills.
C) A student's enjoyment of a movie increases the more she watches it.
D) A symphony has free throat lozenges in their lobby.
Correct Answer:

Verified
Correct Answer:
Verified
Q195: What is consumer optimum according to utility
Q196: If total utility is decreasing, then marginal
Q197: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the
Q198: If a consumer is initially at an
Q199: Your allergies are bad this summer so
Q201: John is going to spend all of
Q202: The change in people's purchasing power that
Q203: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -In the above
Q204: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the
Q205: The amount of pleasure or satisfaction derived