Which of the Following Is False About the Assumptions That

question 113

Multiple Choice

Which of the following is false about the assumptions that economists make about utility?

• A)Utility can be used to rank alternative combinations of consumption.
• B)Consumers can be worse off with too much of a good.
• C)Utility levels cannot be used to compare consumer preferences of different people.
• D)Marginal utility increases at a decreasing rate.
• E)The units used to measure utility do not matter.

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