An Example of Diminishing Marginal Satisfaction Is

question 16

Multiple Choice

An example of diminishing marginal satisfaction is

• A)enjoying a second pizza more than the first.
• B)enjoying both pizzas equally.
• C)enjoying the second pizza less than the first.
• D)not enjoying either pizza.

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Definitions:

Imitation

The act of copying or replicating the design, features, or actions of something typically to achieve similar benefits or competitive advantage.

Development

The process of economic growth, expansion, or realization of regional resource potential, often associated with improvements in the quality of life and living standards.

Applied Research

focuses on applying existing scientific knowledge to solve practical problems and develop new technologies or techniques.

Business R&D

Research and Development (R&D) activities undertaken by businesses to innovate and develop new products, services, or processes.