Xavitheking7466 Xavitheking7466

18-08-2020
Business

contestada

If the first four units of a good consumed have marginal utilities of 8, 4, 2, and 1, respectively, this trend is an indication of the:________

Respuesta :

ewomazinoade ewomazinoade

20-08-2020

Answer:

The law of diminishing marginal utility

Explanation:

The Law Of Diminishing Marginal Utility states that all else equal as consumption increases the marginal utility derived from each additional unit declines.

Marginal utility was the highest when only one unit was consumed. As consumption increased, marginal utility declined

Answer Link

Otras preguntas

two data sets and their mean absolute deviations are shown study study the plots of each data set and then use the data set and use the drop down menus yo answe

What are two theories did plate tectonics unify?

solve the equation. use the calculator if you need to, and round the solution to the nearest tenth 0.75p=0.4+100

Can invasive species affect humans?

Which duty was the responsibility of the judicial branch of the Roman Republic? making the laws vetoing the laws interpreting the laws enforcing the laws

Why does Kafka use the definite article "the" instead of the indefinite article "a" in The Metamorphosis

I have nine books and have room to display only four of them at a time on my bookself. How many different ways could I do this?

What were the improvements and influential individuals from 1820-1850 in the United States and what impact did they have on society?

Jane wants to plant grass seed in her yard. If it costs 0.75 per square foot for grass seed, how much will Jane spend

write each ratio in simplest form: 3:6 10:5 16:24