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Other Fields Homework Help Economics Topic started by: Tidy on Jun 20, 2015



Title: The law of diminishing marginal utility states that
Post by: Tidy on Jun 20, 2015
The law of diminishing marginal utility states that
A) eventually total utility falls as more of a good is consumed, other things constant.
B) the extra satisfaction from consuming a good decreases as more of a good is consumed, other things constant.
C) the extra satisfaction from consuming a good increases slowly as more of a good is consumed, other things constant.
D) when the extra satisfaction from consuming a good becomes negative, total utility starts falling, other things constant.


Title: Re: The law of diminishing marginal utility states that
Post by: Chimelo46 on Jul 31, 2015
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Title: Re: The law of diminishing marginal utility states that
Post by: Chimelo46 on Aug 31, 2015
Glad to help you, and good luck with your course.