Question:

To say that you can't have too much of a good thing means that for any good that you enjoy (say pizza), ___?

by Guest60030  |  earlier

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a. higher consumption will always lead to greater utility

b. higher consumption will cause utility to increase at an increasing rate

c. higher consumption will increase utility but only up to a point; after that utility will start to decrease

d. it is valid to measure utility in utils

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  1. a. higher consumption will always lead to greater utility

    Q#5: http://web.uvic.ca/~hschuetz/econ103/lab...

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