In the Utility Functions in Figure 16

question 27

Multiple Choice

In the utility functions in Figure 16.1, curve b exhibits:

• A) diminishing marginal utility.
• B) economies of scale.
• C) risk seeking.
• D) satiation.
• E) unrealistic behavior.

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Definitions:

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The coordinate system used in Java's AWT and Swing for graphical user interface (GUI) programming, which starts with (0,0) at the upper left corner.

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A class in Java's AWT (Abstract Window Toolkit) package that encapsulates colors in the default sRGB color space.