If, When You Consume Another Piece of Candy, Your Marginal

question 203

Multiple Choice

If, when you consume another piece of candy, your marginal utility is zero, then

• A)you want more candy.
• B)you have maximized your total utility from consuming candy.
• C)you have not yet reached the point of diminishing marginal utility.
• D)you should consume less candy.

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Definitions:

Stock

Shares in the ownership of a company, representing a claim on part of the corporation's assets and earnings.

Share

A unit of ownership in a company or financial asset that gives the holder a claim on part of the company's assets and earnings.

Transfer Agent

An entity appointed by a corporation to maintain records of investors, account balances, and transactions; to issue and cancel shares; and to handle share transfers.

Financial Institution

An establishment that conducts financial transactions such as investments, loans, and deposits.