Which of the Following Statements Is True

question 82

Multiple Choice

Which of the following statements is true?

• A)The less you have of any one good, the less you would be willing to pay for one more unit of it.
• B)The less you have of any one good, the more you would be willing to pay for one more unit of it.
• C)The amount you have of any one good does not influence the price you would be willing to pay for it, but it does affect the marginal utility received from consuming a particular unit.
• D)none of the above

---

Definitions:

E-mail

An electronic method for one computer user to send messages to a single or multiple recipients through a network.

Application Form

A document designed to gather information from individuals for the purpose of evaluation for a specific opportunity or service.

Effective Phrasing

The use of clear, concise, and impactful language to communicate ideas or objectives successfully.

Reason For Leaving

A justification or explanation given by an employee for resigning from their current job.