Generally speaking, as more of a particular good is purchased, a consumer's marginal utility ____ and total utility ____
a. increases; decreases
b. decreases; increases
c. increases; increases
d. decreases; decreases
e. generalizations cannot be made
b
Economics
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Briefly describe the three most widely followed stock indexes in the United States
What will be an ideal response?
Economics
Refer to Scenario 2.1. If P = $25, which of the following is true?
A) There is a surplus equal to 30. B) There is a shortage equal to 30. C) There is a shortage, but it is impossible to determine how large. D) There is a surplus, but it is impossible to determine how large.
Economics