The Table Given Below Depicts the Total Utility Derived from the Consumption

question 119

Multiple Choice

The table given below depicts the total utility derived from the consumption of a good.Table 7.1

-The total utility of a consumer diminishes whenever:

• A)he or she buys an additional unit of a good.
• B)his or her marginal utility decreases.
• C)his or her total utility increases at a decreasing rate.
• D)the last unit consumed of a particular good is distasteful or provides dissatisfaction.
• E)other consumers are also purchasing the product.

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Definitions:

Individual Abilities

The natural talents or developed skills possessed by an individual that enable performance in certain activities or tasks.

Female-Owned

Referring to businesses or enterprises that are owned and operated by women.

Glass Ceiling

An invisible barrier that prevents certain groups of people, particularly women and minorities, from advancing beyond a certain level in a hierarchy.

Qualified Women

Women who possess the necessary skills, education, and experience required for specific jobs or positions.