-The Above Table Shows Homer's Total Utility from Boxes of Doughnuts.As

question 161

Multiple Choice

-The above table shows Homer's total utility from boxes of doughnuts.As Homer's consumption of doughnuts increases,

• A) both his total utility and his marginal utility increase.
• B) his total utility increases, but his marginal utility decreases.
• C) his total utility decreases, but his marginal utility increases.
• D) both his total utility and his marginal utility decrease.
• E) None of the above answers are correct.

---

Definitions:

Organization Expenses

Costs incurred in the formation of a corporation, partnership, or other business entity, typically including legal and registration fees.

Paid-in Capital

The amount of money that a company has received from shareholders in exchange for shares of stock, beyond the par value of the shares.

Retained Earnings

The portion of a company's profits that is kept or retained and not paid out as dividends to shareholders, often used for reinvestment in the business or to pay off debt.

Preferred Stock

A class of ownership in a corporation that has a higher claim on its assets and earnings than common stock, often with fixed dividends.