The law of diminishing marginal utility states that as you consume more and more of a good, other things constant,
a. total utility eventually rises
b. marginal utility can become positive
c. marginal utility approaches, but never becomes, zero
d. total utility can never become negative
e. marginal utility eventually declines
E
Economics
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The available evidence indicates that
a. about one-half of all managers of active mutual funds consistently outperform index funds. b. outperforming the market on a consistent basis is extremely difficult to do. c. there is little truth to the notion that there is a trade-off between risk and return. d. there is little truth to the efficient markets hypothesis.
Economics
Who did President Jimmy Carter appoint to head the Federal Reserve beginning in 1979?
a. Ben Bernanke b. Alan Greenspan c. Paul Volcker d. Arthur Burns
Economics