Exhibit 20-1 -Refer to Exhibit 20-1. in This Example, Marginal Utility

question 123

Multiple Choice

Exhibit 20-1

-Refer to Exhibit 20-1. In this example, marginal utility

• A)constantly increases.
• B)constantly diminishes.
• C)increases then diminishes.
• D)diminishes then increases.

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Definitions:

Networking

Building and maintaining relationships and connections with others, typically for professional or social purposes.

Referent Power

A form of influence based on identification with, adoration of, or respect for the leader or authority figure.

Centrality

The importance or influence of a node within a network, or of an individual within a social or organizational structure.

Substitutability

The extent to which one good or service can be replaced with another, indicating the ease with which products can serve as substitutes for each other.