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Steven Consumes Staples and Paper Clips

question 351

Multiple Choice

Steven consumes staples and paper clips. He is maximizing his utility in consumption of both goods. The price of staples falls. Assuming that diminishing marginal utility applies to both goods, as he adjusts to this event, the marginal utility of staples will _____, and the marginal utility of paper clips will _____.


Definitions:

Venous Stasis

A condition of slow blood flow in the veins, usually in the legs, contributing to swelling, pain, and potentially blood clots.

Skin Traction

A method used in orthopedics to apply a pulling force to a limb or other part of the body using adhesive materials or devices attached to the skin.

Padded Sling

A support device made of soft materials designed to securely hold, support, and immobilize an injured part of the body, often a limb, to aid in healing.

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