The Below Table Shows the Average Utility (In Utils) Obtained

question 60

Multiple Choice

The below table shows the average utility (in utils) obtained from the consumption of goods A and B.Table 7.3

-Suppose that there are five bottles of lemonade, each of which gives a consumer the same level of utility. According to the law of diminishing marginal utility, how can the consumer receive the highest utility?

• A)Consume all five bottles in the next hour
• B)Consume all five bottles today
• C)Consume all five bottles in one day next week
• D)Consume two bottles today and three tomorrow
• E)Consume one bottle each day for the next five days

Understand the methods used to study membrane structure and function.

Understand the concept of patent infringement and its criteria.

Recognize the significance and legal framework of trademarks.

Learn about the transferability of intellectual property rights such as patents.

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