This Graph Shows One Consumer's Demand for Ice Cream at the Student

question 85

Multiple Choice

This graph shows one consumer's demand for ice cream at the student union:
Joe is one of the students whose demand is shown.Joe buys more ice cream when the price is $2.00 than when the price is $3.00 because

• A)Joe cannot afford $3.00 for a scoop of ice cream.
• B)Joe has more consumer surplus when price is $3.00.
• C)the marginal utility Joe gets from his fifth scoop of ice cream is less than the marginal utility Joe gets from other things that cost $3.00.
• D)Joe does not experience diminishing marginal utility for ice cream consumption when it is only $2.00 per scoop but does when it is $3.00.

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Work Atmosphere

The environment and culture of a workplace, influenced by relationships, policies, and the physical workspace, which affects employees' motivation and productivity.

Leadership Grid

A model used to help understand different leadership styles based on concern for people and production.

Numeric Coordinates

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Very Direct

Pertains to a straightforward and unambiguous manner of communication or action, where intentions or messages are conveyed clearly without evasion or subtlety.