If the Marginal Utility of a Product Is Diminishing Relative

question 79

Multiple Choice

If the marginal utility of a product is diminishing relative to the marginal utility of other products,then _____.

• A)the consumer is in equilibrium
• B)the consumer has been purchasing relatively less of the product
• C)the consumer has been purchasing relatively more of the product
• D)the price of this product must have increased
• E)the price of the product must have decreased

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Definitions:

Mainshaft Speed Sensor

A device that measures the rotational speed of the mainshaft in a vehicle's transmission.

Input Shaft Speed Sensor

A sensor used to monitor the speed of the input shaft in a vehicle's transmission, providing crucial data for gear selection and shift timing.

Hall-effect

A phenomenon in which a voltage difference is created across an electrical conductor, transverse to an electric current in the conductor and a magnetic field perpendicular to the current.

Electrical Principle

Fundamental concepts and laws that govern the behavior of electrical systems, including Ohm's law, Kirchhoff's law, and the principles of electromagnetism.