If a Product Has a High Marginal Utility,then

question 59

Multiple Choice

If a product has a high marginal utility,then

• A)Consumers will not purchase any more of the good.
• B)The demand curve will be downward-sloping.
• C)A consumer is willing to pay a high price for it.
• D)Consumers will also have a low total utility.

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Definitions:

Schizoid Personality Disorder

A mental disorder characterized by a lack of interest in social relationships, a tendency towards a solitary or sheltered lifestyle, and emotional coldness.

Avoidant Personality Disorder

A mental condition characterized by a long-standing pattern of extreme shyness, feelings of inadequacy, and sensitivity to rejection.

Maladaptive Ways

Maladaptive ways describe behaviors or thought patterns that inhibit a person's ability to adjust healthily to particular situations.

Personality Disorders

A category of mental disorders characterized by enduring maladaptive patterns of behavior, cognition, and inner experience, exhibited across many contexts.