If, When You Consume Another Piece of Chocolate, Your Marginal

question 177

Multiple Choice

If, when you consume another piece of chocolate, your marginal utility is zero, then

• A)you want more chocolate.
• B)you have maximised your total utility from consuming chocolate.
• C)you have not yet reached the point of diminishing marginal utility.
• D)you should consume less chocolate.

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Definitions:

IT Departments

Internal divisions within organizations responsible for deploying, managing, and maintaining information technology systems and services.

BYOD

Bring Your Own Device, a policy allowing employees to use their personal devices for work purposes.

Mass Customization

A production and marketing technique that combines the flexibility and personalization of custom-made products with the low unit costs associated with mass production.

Software-Defined Infrastructure

An approach to data center management that allows policy-based control of compute, storage, and networking components.