Question

When someone buys a fourth television for his or her house, what is the
result?
O A. The increase in demand brings leads to higher prices for
televisions.
B. There's a rise in the opportunity cost of buying other goods.
C. The production of televisions becomes more efficient.
D. There's a decrease in the marginal utility of the television.
SUBMIT

Answer 1

Answer:

The correct answer is D. There's a decrease in the marginal utility of the television.

Explanation:

This is because marginal utility decreases when another of the same product is bought. Thus, this causes a decrease in the marginal utility of the television.

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