-The Table Above Gives Jane's Total Utility from Magazines and CDs

question 52

Multiple Choice

-The table above gives Jane's total utility from magazines and CDs. The price of a magazine is $4 and the price of a CD is $10. Which of the following correctly illustrates the principle of diminishing marginal utility? The fact that

• A) the sixth magazine has less marginal utility than the sixth CD.
• B) Jane's marginal utility per dollar from the second magazine is the same as her marginal utility per dollar from the third CD.
• C) the marginal utility per dollar from the sixth magazine is less than the total utility from six magazines.
• D) the marginal utility of the third CD is less than the marginal utility of second CD.

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Definitions:

Observations

involve the active acquisition of information from a primary source, using senses or instruments, to record specific phenomena or behaviors.

Termination

The process of ending something, such as a job, relationship, or a therapeutic course of treatment.

Silent Member

Refers to an individual in a group who does not actively participate or speak up during discussions, often for various psychological or social reasons.

Attention-Seeking

Behaviors aimed at drawing others' notice and focus, often to gain validation, sympathy, or to fulfill emotional needs.