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FAITHBELLE FAITHBELLE
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Posts: 411
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3 years ago
Kathy eats five slices of pizza on a Saturday night but admits each slice of pizza doesn't taste as good as the previous one. This suggests that for Kathy

▸ the marginal utility of a slice of pizza is negative.

▸ the total utility of slices of pizza is increasing by larger and larger increments.

▸ the marginal utility of a slice of pizza is positive but decreasing.

▸ the total utility of slices of pizza is declining.
Textbook 
Essential Economics for Business

Essential Economics for Business


Edition: 5th
Authors:
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WooWoo
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3 years ago
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