Constant Marginal Utility Means That One's First Apple in a Sitting

question 71

Multiple Choice

Constant marginal utility means that one's first apple in a sitting is ______ one's second apple in the same sitting.

• A) worse than
• B) better than
• C) incomparable with
• D) equally good as

---

Definitions:

Accrual Basis

An accounting method where transactions are recorded when they are earned or incurred, regardless of when cash transactions occur.

Accounting

is the systematic recording, reporting, and analysis of financial transactions of a business or individual.

Dividend Income

Income received from owning shares in a company, which is often taxable at different rates than regular income.

Distribution

The action of sharing something out among a number of recipients, often used in the context of financial assets or dividends.