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.

---

Definitions:

Unemployment Compensation

Financial payments made to individuals who have lost their jobs through no fault of their own, intended to provide temporary financial assistance.

Internal Controls

Processes and procedures implemented by a business to safeguard assets, enhance accuracy of financial records, and increase efficiency.

Payroll

Payroll refers to the process by which employers pay an employee for the work they have completed during a certain period of time.

Social Security

A government system that provides monetary assistance to people with an inadequate or no income.