Solved

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

Question 200

Multiple Choice

  -The above table shows Homer's utility from boxes of doughnuts.As Homer's consumption of doughnuts increases,his A)  marginal utility is positive and increasing. B)  marginal utility is positive but decreasing. C)  marginal utility is negative but increasing. D)  marginal utility is negative and decreasing. E)  total utility is not related to his marginal utility.
-The above table shows Homer's utility from boxes of doughnuts.As Homer's consumption of doughnuts increases,his


A) marginal utility is positive and increasing.
B) marginal utility is positive but decreasing.
C) marginal utility is negative but increasing.
D) marginal utility is negative and decreasing.
E) total utility is not related to his marginal utility.

Correct Answer:

verifed

Verified

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

Related Questions