Marginal Utility Has a Negative Slope

question 41

Multiple Choice

Marginal utility has a negative slope.This is because of the

• A)optimal purchase rule.
• B)law of increasing costs.
• C)law of diminishing marginal utility.
• D)marginal rate of substitution.

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Definitions:

Obsessive-Compulsive Disorder

Obsessive-Compulsive Disorder (OCD) is an anxiety disorder characterized by uncontrollable, recurring thoughts (obsessions) and behaviors (compulsions) that the individual feels the urge to repeat over and over.

Mild Anxiety

A low level of anxiety that can act as a motivator or signal to pay attention, without significantly impairing daily function.

Trait Anxiety

A personality characteristic that denotes a tendency toward anxiety across various situations or over time.

Lorazepam

A benzodiazepine medication used to treat anxiety disorders; it works by enhancing the effects of a specific natural chemical in the body (GABA).