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Question 2 If eating pizza follows the law of diminishing marginal utility, then marginal utility is maximized when Incorrect 0.00 points out O a. total
Question 2 If eating pizza follows the law of diminishing marginal utility, then marginal utility is maximized when Incorrect 0.00 points out O a. total utility starts to fall. of 1.00 O b. total utility is also maximized X P Flag question O c. diminishing marginal returns begins, typically with the first slice of pizza being consumed. O d. when the person decides not to eat another slice of pizza Question 3 One difference between total utility and marginal utility is that Incorrect 0.00 points out O a. total utility is objective and marginal utility is not. X of 1.00 O b. total utility is cumulative, and marginal utility is not. F Flag question O c. total utility measures happiness and marginal utility measures unhappiness O d. total utility is more accurate than marginal utility.Question 5 What is true for consumers when they choose how much to consume of a good? Incorrect 0.00 points out O a. As the quantity consumed of a product rises marginal utility rises. of 1.00 O b. As the quantity consumed of a product rises, total utility rises, but marginal utility falls. Flag question O c. As the quantity consumed of a product rises total utility falls, but marginal utility rises. X O d. As the quantity consumed rises, total utility falls
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