Asked by
mariam bouorm
on Oct 12, 2024
Verified
We will keep buying digital music downloads from the Internet until the marginal utility of the music downloads
A) rises to the price of the download.
B) falls to the price of the download.
C) is greater than the price of the download.
D) is less than the price of the downloaD.
Marginal Utility
The increased happiness a buyer experiences by consuming an extra unit of a product or service.
- Understand the significance of pricing in the decision-making process of consumers and in optimizing their satisfaction.
Verified Answer
SW
Learning Objectives
- Understand the significance of pricing in the decision-making process of consumers and in optimizing their satisfaction.