Which of the Following Best Illustrates the Concept of Diminishing

question 51

Multiple Choice

Which of the following best illustrates the concept of diminishing marginal utility?

• A) Gladys is hungry and the first piece of pizza she eats tastes wonderful! The second tastes great, the third good, the fourth okay, and the fifth piece of pizza she eats makes her sick.
• B) Thomas likes tomatoes more than Janice, and thus gets more utility from tomatoes than Janice does.
• C) High Fly is a new low-cost airline. Initially it is very expensive for High Fly to offer flights to customers because of the high start-up costs, but after fixed costs are covered the additional cost of adding one more consumer falls significantly.
• D) Sarah likes hamburgers, but the price she is willing to pay for them is low as compared to another good.

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Definitions:

MHC Class I

A group of proteins found on the cell surface that present peptide fragments to the immune system, critical for the immune response to infected or dysfunctional cells.

Neutrophils

A type of white blood cell, part of the innate immune system, which defends the body against bacteria and fungi through phagocytosis.

Interferons

Proteins that prevent viral replication.

Complement

A part of the immune system that enhances the ability of antibodies and phagocytic cells to clear pathogens from an organism.