Solved

-The Above Table Shows Homer's Utility from Boxes of Doughnuts

Question 77

Multiple Choice

  -The above table shows Homer's utility from boxes of doughnuts.If Homer decreases his consumption of doughnuts from 4 boxes to 3 boxes,his A)  total utility and marginal utility will both decrease. B)  total utility will decrease, but his marginal utility will increase. C)  total utility will increase, but his marginal utility will decrease. D)  total utility and marginal utility will both increase. E)  None of the above answers is correct.
-The above table shows Homer's utility from boxes of doughnuts.If Homer decreases his consumption of doughnuts from 4 boxes to 3 boxes,his


A) total utility and marginal utility will both decrease.
B) total utility will decrease, but his marginal utility will increase.
C) total utility will increase, but his marginal utility will decrease.
D) total utility and marginal utility will both increase.
E) None of the above answers is correct.

Correct Answer:

verifed

Verified

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

Related Questions