If Marginal Utility of Apples Is Diminishing and Is a Positive

question 32

Multiple Choice

If marginal utility of apples is diminishing and is a positive amount, consuming one more apple will cause

• A)total utility to decrease.
• B)a consumer to get no satisfaction from consuming apples.
• C)a consumer's total utility to increase.
• D)a consumer to go beyond her optimal consumption of apples.

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Definitions:

Problem Solving

The process of identifying a problem, developing possible solutions, and taking the necessary steps to reach a desired outcome.

Applying Rules

The process of implementing or enforcing guidelines, laws, or instructions in specific scenarios.

Analogies

Comparisons made between two things that are otherwise unlike, but have some similarities, often used to explain or argue.

Critical Thinking

Thinking reflectively and productively, and evaluating the evidence.