Homework Help is Here – Start Your Trial Now!
Business
Economics
As consumer has more and more units of a goods, its marginal utility to him (a) Declines (b) Rises (c) Is zero (d) Is maximum

As consumer has more and more units of a goods, its marginal utility to him (a) Declines (b) Rises (c) Is zero (d) Is maximum

ECON MICRO
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
See similar textbooks
icon
Related questions
Question
answer quickly
As consumer has more and more units of a goods, its marginal utility to him (a) Declines (b) Rises (c) Is zero (d) Is maximum
Transcribed Image Text:As consumer has more and more units of a goods, its marginal utility to him (a) Declines (b) Rises (c) Is zero (d) Is maximum
Expert Solution
steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
ECON MICRO
ECON MICRO
Economics
ISBN:
9781337000536
Author:
William A. McEachern
Publisher:
Cengage Learning
Microeconomics
Microeconomics
Economics
ISBN:
9781337617406
Author:
Roger A. Arnold
Publisher:
Cengage Learning
Economics (MindTap Course List)
Economics (MindTap Course List)
Economics
ISBN:
9781337617383
Author:
Roger A. Arnold
Publisher:
Cengage Learning
Micro Economics For Today
Micro Economics For Today
Economics
ISBN:
9781337613064
Author:
Tucker, Irvin B.
Publisher:
Cengage,
Economics For Today
Economics For Today
Economics
ISBN:
9781337613040
Author:
Tucker
Publisher:
Cengage Learning
SEE MORE TEXTBOOKS