_____ Describes a Situation Where Consumers Already Have One Unit

question 14

Multiple Choice

_____ describes a situation where consumers already have one unit of an item and as a result place a lower value on an additional unit.

• A) Decreasing marginal revenue
• B) Leveling product usage
• C) Monopolistic decline
• D) Declining marginal utility
• E) The law of diminishing markets

---

Definitions:

Heterosexism

A system of attitudes, bias, and discrimination in favor of opposite-sex sexuality and relationships, often marginalizing LGBTQ+ individuals.

Biphobia

Prejudice, fear, or hatred toward bisexuality or bisexual individuals, often manifesting in discrimination or stigmatization.

Responsible Non-monogamy

Ethical non-monogamy practices where all parties involved have consented and communicate openly about their relationships with others.

Polygamy

A marital practice in which an individual has more than one spouse simultaneously.