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.

---

Definitions:

Character

An individual letter, number, punctuation mark, symbol, blank space, or other single textual element.

Extension

A software add-on that provides additional features or functionalities to existing programs or services.

WordPad

A basic word processing program included with Microsoft Windows, offering more functionality than Notepad but fewer features than Microsoft Word.

Operating System

The software that manages hardware resources and provides services for computer programs.