At Some Point During a Meal Each Extra Bite Provides

question 57

Multiple Choice

At some point during a meal each extra bite provides less and less additional satisfaction.This can be explained by:

• A) The law of demand.
• B) The law of diminishing marginal utility.
• C) The law of increasing opportunity cost.
• D) A shift in the demand curve.

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Definitions:

Capacity

The ability, power, or competence to undertake something or the maximum amount something can contain.

Repudiated

Refused to accept or be associated with; rejected or denied the validity or authority of something.

Contract

A lawful pact made between two or more parties, which can be upheld by legal means.

Repudiated

The act of rejecting or disowning a contractual obligation or agreement, often leading to termination of the contract.