In the figure above, the curve that shows the diminishing marginal utility is
A) total utility curve A because it gets steeper as consumption of tomatoes increases.
B) total utility curve A because it is higher than total utility curves B or C.
C) total utility curve C because it gets flatter as consumption of tomatoes increases.
D) total utility curve C because it is lower than total utility curves B and C.
Question 2
In the figure above, the marginal cost of producing a computer
A) increases as more computers are produced.
B) stays the same as more computers are produced.
C) decreases as more computers are produced.
D) is the same as the marginal cost of producing a television set.
Results from sequential study of two cohorts tested at three ages and at three different points in t
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