For Each of the Following Sentences, Select the Pronoun That

question 11

Multiple Choice

For each of the following sentences, select the pronoun that is consistent in person with the antecedent.
-All of the cell phone companies offered __________________ customers free weekend minutes.

• A) our
• B) their

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Definitions:

Total Utility

The complete gratification or advantage gained from using a specific quantity of a product or service.

Marginal Utility

The additional satisfaction or utility that a consumer receives from consuming one more unit of a good or service.

Utility-maximizing

Utility-maximizing refers to a principle in economics where individuals or businesses seek to achieve the highest level of satisfaction or profit from their decisions, given their resources and constraints.

Diminishing Marginal Utility

The more of any one good consumed in a given period, the less incremental satisfaction is generated by consuming a marginal or incremental unit of the same good.