Bananas Apples -According to the Principle of Diminishing Marginal Utility, as an Marginal

question 42

True/False

Bananas Apples

-According to the principle of diminishing marginal utility, as an individual consumes more and more of a good or service, the total utility increases while the marginal utility decreases.

---

Definitions:

Adulthood

The period in human life after adolescence, characterized by full physical development and legal responsibility for one’s actions.

Child-rearing Practices

The methods and strategies used by parents and caregivers to raise and educate children.

Developmental Psychologist

A developmental psychologist studies the psychological growth and changes that occur in individuals throughout their lifetimes, from infancy to old age.

Psychological Adjustment

The process of achieving mental and emotional harmony or adapting effectively to environmental demands and stresses.