The sum of the marginal utilities of a good, at any consumption level
a. cannot be measured
b. adds up to total utility
c. adds up to maximum utility
d. is negative because of the law of diminishing marginal utility
e. is zero because marginal utility eventually becomes negative, canceling the positive values of marginal utility
B
Economics
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Which of the following will prevent firms from engaging in price discrimination?
A) odd pricing B) transactions costs C) arbitrage D) yield management
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Financing government spending by selling bonds to the public, which pays for the bonds with currency,
A) leads to a permanent decline in the monetary base. B) leads to a permanent increase in the monetary base. C) leads to a temporary increase in the monetary base. D) has no net effect on the monetary base.
Economics