Consumers Usually Buy Fewer Units of a Good Than the Quantity

question 441

Multiple Choice

Consumers usually buy fewer units of a good than the quantity that would maximize total utility from consuming the good because

• A) they are not rational.
• B) of the law of demand.
• C) they have limited incomes.
• D) marginal utility becomes zero after just a few units of the good.

---

Definitions:

Attach

The process of adding or linking files, documents, or other items to an email, message, or digital document, facilitating the sharing of additional information.

File

A container in a computer system used to store data or information, identifiable by a unique name and possibly an extension indicating its type.

Email Address

A unique identifier for an email account that allows messages to be sent and received.

Signals

Signals are forms of communication or indicators that convey information, often used in electronics and communication systems to transmit data.