If Consumption of an Extra Unit of Some Good Generates

question 108

Multiple Choice

If consumption of an extra unit of some good generates a marginal utility of zero,then consumption of that additional unit would mean that total utility would

• A)also be zero.
• B)not change.
• C)be increasing.
• D)be decreasing.
• E)be negative.

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Definitions:

Diversity Jurisdiction

A legal principle allowing federal courts to hear cases where the parties are from different states or countries and the matter in dispute exceeds a specific monetary threshold.

Damages

Financial compensation awarded to a party in a legal case for losses or injuries suffered due to the actions or negligence of another.

Different States

Refers to distinct regions or territories within a country, especially within the United States, each with its own governance and legal systems.

Exclusive Jurisdiction

The power of a court to adjudicate a case to the exclusion of all other courts.