Use the Following to Answer Question

question 87

Multiple Choice

Use the following to answer question:
-(Table: Alaina's Utility from Consuming Cups of Coffee) Use Table: Alaina's Utility from Consuming Cups of Coffee.Diminishing marginal utility is:

• A)not present in Alaina's consumption of coffee since her total utility keeps increasing.
• B)present in Alaina's consumption of coffee since her total utility increases at a decreasing rate with each cup consumed.
• C)equal to 0 utils.
• D)not present since Alaina exhibits increasing marginal utility.

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Definitions:

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Time Horizon Categories

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