As Lynn eats more pizza, we would typically expect her marginal utility from eating pizza to()
A. increase
B. decrease
C. stay the same
D. equal the price of pizza
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The additional utility gained from consuming an additional unit of a good is called()
A. total utility
B. marginal utility
C. costly utility
D. an util
The term marginal utility denotes the amount by which__ changes when consumption changes by____ unit(s)()
A. total utility; 1
B. demand; 10
C. demand; 1
D. total utility; 10
During Thanksgiving you participated in a pumpkinpie eating contest. You really enjoyed the first two pies, the third one was okay, but as soon as you ate the fourth one you became ill and lost the c
A. increased
B. decreased
C. stayed the same
D. first increased than decreased
If the crossprice elasticity of demand between lettuce and salad dressing is negative, then when the price of lettuce rises, the demand for salad dressing will ______()
A. increase
B. decrease
C. remain the same
D. become more inelastic