Answered: ___ is the lack of satisfaction yielded…

___ is the lack of satisfaction yielded after consuming too much of the same product. A. Diminishing Marginal Utility B. Disutility C. Total Utility D. Marginal Utility E. Cardinal Utility

ECON MICRO

5th Edition

ISBN:9781337000536

Author:William A. McEachern

Publisher:William A. McEachern

Chapter6: Consumer Choice And Demand

Section: Chapter Questions

Problem 1.3P

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Question

___ is the lack of satisfaction yielded after consuming too much of the same product.

A. Diminishing Marginal Utility

B. Disutility

C. Total Utility

D. Marginal Utility

E. Cardinal Utility

Definition Definition Satisfaction derived from the consumption of an additional unit of any commodity.

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