The Table Shows a Consumer's Utility Schedule

question 16

Multiple Choice

The table shows a consumer's utility schedule. Marginal utility begins to diminish with the consumption of the

• A)fifth unit.
• B)fourth unit.
• C)third unit.
• D)second unit.

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Definitions:

Personality Development

The growth and change in an individual’s character and behavioral traits over their lifespan.

Cattell

Raymond Cattell was a psychologist known for his research on personality theory and his development of the 16 Personality Factor (16PF) questionnaire.

Adolescence

The phase of both physical and psychological growth that typically happens between puberty and reaching the age of legal majority.

Social Attitudes

The general feelings, beliefs, and behavior dispositions directed towards people, groups, or ideas within a society.