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Which of the following describes a situation in which there would be decreasing marginal utility? A. Buying food in bulk to save money in the long run. B. Buying normal goods as…

Which of the following describes a situation in which there would be decreasing marginal utility? A. Buying food in bulk to save money in the long run. B. Buying normal goods as…
asked 146k views
4 votes
Which of the following describes a situation in which there would be

decreasing marginal utility?

A. Buying food in bulk to save money in the long run.
B. Buying normal goods as substitutes for inferior goods,
C. Buying luxury items that you cannot afford.
D. Buying a new car when you already have two cars.​

asked
User Pramodya Abeysinghe
by
8.3k points

2 Answers

0 votes
Your answer should be D
answered
User Masoud Bimar
by
8.1k points
6 votes

Answer: I believe it is D.

Step-by-step explanation:

answered
User Sovon
by
8.2k points
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