Top Posters
Since Sunday
w
3
w
3
e
3
3
r
3
g
2
2
b
2
M
2
V
2
f
2
c
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
nevermind11111 nevermind11111
wrote...
Go to Answer
Posts: 152
Rep: 0 0
A year ago

Suppose you just finished your third plateful of Thanksgiving dinner and it yielded zero units of additional satisfaction. Should you go back for more?



▸

Why not? Since the third plateful gave you zero units, the fourth can't give you any less than zero.



▸

No way. You could get negative utility from the fourth plateful.



▸

Yes or no. It won't make any difference because your total utility is at its peak.



▸

Yes. If you received zero units of satisfaction from the third, then obviously the law of diminishing marginal utility is not working in this case.

Textbook 
Economics

Economics


Edition: 12th
Author:
Read 43 times
1 Reply
Replies
Answer verified by a subject expert
tkane127tkane127
wrote...
#1
Posts: 145
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

nevermind11111 Author
wrote...

A year ago
Thanks
sweetalia
wrote...

Yesterday
Good timing, thanks!
linlinlin
wrote...

2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  424 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 391
  
 296
  
 312
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 486
Previous poll results: Which 'study break' activity do you find most distracting?