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

question 309

Multiple Choice

-The above table shows Homer's utility from boxes of doughnuts. If Homer decreases his consumption of doughnuts from 4 boxes to 3 boxes, his

• A) total utility and marginal utility will both decrease.
• B) total utility will decrease, but his marginal utility will increase.
• C) total utility will increase, but his marginal utility will decrease.
• D) total utility and marginal utility will both increase.

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Definitions:

Accelerating Pace

Describes the increasing speed at which changes, developments, or activities are occurring, often seen in technology, business, and society.

Interconnected System

A complex configuration in which components or entities are linked together so that each part affects or is affected by others.

Negatively Associated

Connected in such a way that one may adversely influence the perception of another.

Eccentric

Deviating from conventional or accepted usage or conduct, especially in odd or whimsical ways.