-Sam's Total Utility for Bananas Is in the Table Above

question 113

Multiple Choice

-Sam's total utility for bananas is in the table above.Sam's total utility shows that the law of diminishing marginal utility

• A) holds because his marginal utility from bananas decreases as Sam eats more bananas.
• B) does not hold because Sam's total utility does not reach its maximum.
• C) does not hold because Sam's marginal utility does not decrease to zero.
• D) holds because Sam's total utility from bananas increases as Sam eats more bananas.
• E) None of the above answers is correct because there are no data for marginal utility with which to answer the question.

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Lifestyle

The interests, opinions, behaviors, and behavioral orientations of an individual, group, or culture, often associated with personal choices, living practices, and consumption patterns.

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The strategies and decisions by which the United States government interacts with other countries, shaped by national interests and political values.

Woodrow Wilson

The 28th President of the United States (1913-1921) known for leading the country during World War I and for his 14 Points proposal for peace.

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Taxes imposed on imported goods and services, intended to raise government revenue or protect domestic industries from foreign competition.