Suppose Your Marginal Utility from Consuming the 3rd Slice of Cake

question 142

Multiple Choice

Suppose your marginal utility from consuming the 3rd slice of cake is zero, then your total utility from consuming cake is

• A)maximized.
• B)decreasing.
• C)negative.
• D)increasing.

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The market price at which the quantity of goods supplied equals the quantity of goods demanded.

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