If the marginal utility you derived from the first "steak burger" you ate was $4.00 and yet the cost of the "steak burger" was $2.00.Your marginal utility was definitely

A) positive.
B) zero.
C) negative.
D) less than a second steak burger you plan to eat.

Question

Nysir Thompson · Accepted Answer

Final Answer : A, Explanation :  The marginal utility of $4.00 is greater than the cost of $2.00, indicating a positive marginal utility. This suggests that the individual gained satisfaction from consuming the first steak burger, as the marginal benefit outweighs the monetary cost.

If the marginal utility you derived from the first "steak burger" you ate was $4.00 and yet the cost of the "steak burger" was $2.00.Your marginal utility was definitely

A) positive.
B) zero.
C) negative.
D) less than a second steak burger you plan to eat.

Definitions

Learning Objectives

Learning Objectives

Related questions

If the marginal utility you derived from the first "steak burger" you ate was $4.00 and yet the cost of the "steak burger" was $2.00.Your marginal utility was definitelyA) positive.B) zero.C) negative.D) less than a second steak burger you plan to eat.

Definitions

Learning Objectives

Learning Objectives

Related questions

If the marginal utility you derived from the first "steak burger" you ate was $4.00 and yet the cost of the "steak burger" was $2.00.Your marginal utility was definitely

A) positive.
B) zero.
C) negative.
D) less than a second steak burger you plan to eat.