The Principle of Diminishing Marginal Utility Can Be Used to Explain

question 143

Multiple Choice

The principle of diminishing marginal utility can be used to explain why

• A) Bob's second soda is less enjoyable than his first soda.
• B) Bob's first soda is less enjoyable than his second soda.
• C) Charlie enjoys his fourth soda less than Bob enjoys his first.
• D) Bob enjoys his first soda more than Charlie enjoys his fourth.

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Definitions:

Mafic Basalt

A type of basaltic rock that is rich in magnesium and iron, characterized by its dark color and low silica content.

Decompression Melting

The melting of rock due to a decrease in pressure as it rises towards the Earth's surface, a common mechanism at mid-ocean ridges and mantle plumes.

Mantle-Derived Magmas

Magmas that originate from the partial melting of the Earth's mantle, often rich in magnesium and iron.

Continental Crust

The layer of igneous, sedimentary, and metamorphic rocks which form the continents and the shallow seas close to them, distinguished by its lower density compared to oceanic crust.