The Following Question Are Based on the Following Graph

question 48

Multiple Choice

The following question are based on the following graph:

-As consumption is increased from 5 to 7 units,marginal utility is

• A) rising.
• B) falling.
• C) constant.
• D) zero.
• E) negative.

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Definitions:

Expectations

Beliefs or forecasts about future events or behaviors, often based on past experiences or societal norms.

Credential Inflation

Describes the increasing demand for higher educational degrees or qualifications for jobs that previously required less education.

Technical Requirements

Specific technical needs or criteria that must be met for a project, system, or product.

Professionalization

The process of developing or transforming a profession by establishing standardized criteria for qualification, professionalism, and ethics.