Diminishing Marginal Utility Means That

question 2

Multiple Choice

Diminishing marginal utility means that

• A)Ralph will enjoy his second hamburger less than the first one.
• B)the utility from one hamburger is greater than the utility from two hamburgers.
• C)the price of two hamburgers is less than twice the price of one.
• D)the utility from eating two hamburgers will be more than twice the utility from eating the first one.
• E)hamburgers seem smaller as you eat more of them.

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