The Total Utility of the Consumer Diminishes Whenever

question 48

Multiple Choice

The total utility of the consumer diminishes whenever:

• A)he or she buys an additional unit of a good.
• B)his or her marginal utility decreases.
• C)his or her total utility increases at a decreasing rate.
• D)the last unit consumed of a particular good is distasteful or provides dissatisfaction.
• E)other consumers are also purchasing the product.

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Definitions:

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A theory suggesting that the faster an organism’s metabolism, the shorter its lifespan, positing a link between metabolic rate and longevity.

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