Which One of the Following Is Not an Assumption of Marginal

question 48

Multiple Choice

Which one of the following is not an assumption of marginal utility theory?

• A)People derive utility from their consumption.
• B)More consumption yields more total utility.
• C)Utility can be measured.
• D)Marginal utility diminishes with more consumption.
• E)Consumers maximize total utility.

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Definitions:

Enterology

The branch of medicine focused on the study and treatment of diseases related to the gastrointestinal tract.

Halitosis

Clinical term for bad breath, often a symptom of dental problems or gastrointestinal issues.

Dysentery

An infectious disease causing severe diarrhea with the presence of blood and mucus in the feces.

Dys-

A prefix denoting difficult, painful, or abnormal.