ISavage96381 ISavage96381
  • 24-01-2020
  • Social Studies
contestada

Tom enjoys drinking Diet Coke with his lunch, but his enjoyment decreases after each glass he consumes. This is an illustration of

Respuesta :

shogofelix
shogofelix shogofelix
  • 24-01-2020

Answer: diminishing marginal utility

Explanation:

Diminishing Marginal Utility states that all else equal as consumption increases the marginal utility derived from each additional unit declines. In another word the satisfaction or utility that they derive from the product wanes as they consume more and more of that product. The law of diminishing marginal utility is one of the vital laws of economics

Answer Link

Otras preguntas

The sum of two numbers is 17, and their difference is 29. What are the two numbers?
What weight of wheat flour did pasha use in the test batch?
Which payment method typically charges the highest interest rates? ACredit cards BCashier's checks CPre-paid cards DPayday loans
Earthquakes cannot occur far away from plate boundaries. a. true b. false
Many tenement apartments in the early 1900s had A. Few windows and poor ventilation B. Garbage collection and sewer systems C. Indoor plumbing and hot water D.
In 1840, if you wanted to travel from Baltimore, Maryland, to Vandalia, Illinois, what route would you take? A. C
the muscle tissue in your heart is made up of what
Which food might this nutrition label be describing?
The importance of France's major cities
what is the slope of the line whose equations is 3x - 7y = 9