Which of the Following Is FALSE

question 194

Multiple Choice

Which of the following is FALSE?

• A) A consumer is maximizing total utility when he or she gets the same amount of marginal utility from the last dollar spent on each good purchased.
• B) As additional units of a good or service are consumed, marginal utility diminishes.
• C) Utility is want-satisfying power.
• D) Assuming that the law of diminishing marginal utility holds, the demand curve must be upward sloping.

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Definitions:

PTH

Stands for Parathyroid Hormone, a hormone secreted by the parathyroid glands that regulates calcium and phosphorus concentrations in the blood.

Target Tissue

Tissue on which a hormone acts.

Parathyroid Hormone

Parathyroid hormone is a critical regulator of calcium and phosphate metabolism, secreted by the parathyroid glands.

Anterior Pituitary

The front portion of the pituitary gland, which secretes hormones regulating growth, metabolism, and reproductive functions.