Which of the Following Is NOT an Assumption of Marginal

question 123

Multiple Choice

Which of the following is NOT an assumption of marginal utility theory?

• A) People derive utility from their consumption.
• B) More consumption yields more total utility.
• C) Marginal utility diminishes with more consumption.
• D) Utility can be measured and the units of utility are precisely defined.

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Definitions:

Classical Conditioning

A conditioning method where a response initially triggered by a second stimulus becomes elicited by the first stimulus after the two stimuli have been paired together multiple times.

Meaningful Stimulus

An external event or situation that holds significance to an individual, influencing their psychological or emotional state.

Neutral Stimulus

A stimulus that initially produces no specific response except focusing attention, until it is paired with an unconditioned stimulus.

Dynamic-Systems Approach

A view of human development as an ongoing, ever-changing interaction between the physical, cognitive, and psychosocial influences.