-Given the Above Figure, When Joey Eats a Third Piece

question 369

Multiple Choice

-Given the above figure, when Joey eats a third piece of pizza his marginal utility is ________ and his total utility is ________.

• A) falling; falling
• B) falling; rising
• C) rising; falling
• D) rising; rising

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Definitions:

Condition Subsequent

A condition in a contract that, upon its occurrence, terminates or modifies the rights or obligations of the parties involved.

Market Survey

A study conducted to collect information about consumers' preferences, behaviors, and the market for a particular product or service.

Short Of Cash

A situation where an individual or organization does not have enough money available to meet immediate or short-term financial obligations.

Condition Subsequent

A condition in a contract that, if it occurs, terminates the contract or an obligation under the contract.