Which of the following statements describes a situation in which there would be
Answer 1
I believe it is D. Explanation:
answer 2
Answer Lunch right after breakfast
Explanation: Marginal utility is the additional satisfaction a consumer gets from consuming an additional unit of a good or service.
answer 3
D. Buy a second winter coat. Explanation: Marginal utility determines the additional satisfaction a consumer gets from consuming an additional quantity of goods and services. It brings utility changes as an additional unit is added. Positive marginal utility occurs when consumption of an item increases total utility. Negative marginal utility occurs when consumption of an item decreases total utility. An example of diminishing marginal utility is the repeated consumption of an item. At some point, consumer desire for the item began to wane. In this case of buying a second winter coat, your marginal utility decreases, because a small benefit is gained from the second winter coat.
answer 4
D. Order a second dessert when you are already full. Explanation: Marginal utility is an economic term that refers to the additional satisfaction derived from consuming an additional good or service. Diminishing marginal utility is a concept that explains how satisfaction decreases with continued consumption of a good or service beyond the optimal point. The law of diminishing or diminishing marginal utility observes that satisfactions increase at an increasing rate to the optimum point. After the peak, satisfaction will decrease and eventually turn negative. Ordering a second dessert when full brings no satisfaction. Individual needs are already met. The second dessert will not bring as much joy or excitement as the first.
Answer 5
I believe it’s D. Explanation: I hope my answer helped you, and if not, I’m sorry.
Answer 6
so the decrease in satisfaction from getting goods is (I think) B
Answer 7
Letter B. Lunch right after breakfast All other options satisfy the person, while B is not quite usual and can make a person sick in the stomach.
Answer 8
Your answer should be D