If marginal utility is positive but diminishing, then total ...

[haleyc112]

If marginal utility is positive but diminishing, then total utility must be ________ as consumption of the good increases.
 
  A) decreasing
  B) positive and rising at an increasing rate
  C) positive and rising at a decreasing rate
  D) positive and rising at any rate

Question 2

Suppose that Dave has 200 to spend per week and he buys only magazines and pizza. The price of a pizza is 10 and the price of a magazine is 5. If Dave buys 15 pizza each week, what is the maximum number of magazines can he buy?
 
  A) 40
  B) 20
  C) 10
  D) 200

[sarajane1989]

Answer to Question 1

C

Answer to Question 2

C

[haleyc112]

Thanks for the timely response, appreciate it

[epscape]

Great answer, keep it coming