Multiple Attempts This test allows 3 attempts. This is attempt number 1. Force C

Question

Multiple Attempts This test allows 3 attempts. This is attempt number 1. Force Completion This test can be saved and resumed later This test does not allow backtracking. Changes to the answer after submission are prohibited. Question Completion Status: Moving to the next question prevents changes to this answer. Question 15 Which of the following is experienced when a person receives less satisfaction from each additional unit of a good consumed? O a. the opportunity effect Ob.overconsumption O c. diminishing marginal utility Moving to the next question prevents changes to this answer ,a 13 MacBook Air

Explanation / Answer

diminishing marginal utility is the concept that shows that with each additional unit of a good consumed the utility falls with every additional unit of output consumed.

so answer is C

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