Krugman's Economics For The Ap® Course
Krugman's Economics For The Ap® Course
3rd Edition
ISBN: 9781319113278
Author: David Anderson, Margaret Ray
Publisher: Worth Publishers
Question
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Chapter 51, Problem 7MCQ
To determine

A second of goods which is most likely to provide marginal utility than the first.

Expert Solution & Answer
Check Mark

Explanation of Solution

Refrigerator is the good that is most likely to provide marginal utility than the first because of satisfaction and enjoyment.

Therefore, the correct option is a.

Economics Concept Introduction

Introduction:

Marginal utility refers to the benefit or satisfaction of person by consuming one additional unit of the good.

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