Which of the Following Is Explained by the Law of Diminishing

question 226

Multiple Choice

Which of the following is explained by the law of diminishing marginal utility?

• A)The marginal utility of Isabel's second bottle of Coca-Cola is greater than the marginal utility of her third bottle of Coca-Cola.
• B)The marginal utility of Isabel's second bottle of Coca-Cola is greater than the marginal utility of her third pretzel.
• C)The marginal utility of Isabel's second bottle of Coca-Cola is greater than the marginal utility of her friend Margie's third pretzel.
• D)The total utility of one bottle of Coca-Cola is greater than the total utility of two bottles of Coca-Cola.

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Definitions:

Air Pollution

The presence of substances in the atmosphere that are harmful to the health of humans and other living beings or cause damage to the climate or materials.

Current Approach

The present method or strategy being used to tackle a situation or solve a problem.

Clean Water Act

is a primary federal law in the United States governing water pollution, aiming to restore and maintain the chemical, physical, and biological integrity of the nation's waters.

Water Pollution

The contamination of water bodies such as lakes, rivers, oceans, and groundwater caused by harmful substances being discharged into them.