In the 19th century, economist William Stanley Jevons ------- the assumption that acquiring more of anything would be preferable to acquiring less of that same thing—he put forth the theory of Diminishing Marginal Utility, which stated that each additional item that is used or consumed provides less satisfaction or utility than the previous one. Which choice completes the text with the most logical and precise word or phrase? questionedeliminatemaintainedeliminatebolsteredeliminateregretted

"Diminishing marginal benefit" implies that when Sally consumes one fewer unit of a good that she likes, her

The law of diminishing marginal utility suggests that:Question 12Select one:a.As an individual consumes more of a good, the additional utility associated with each additional unit of that good remains constant.b.As an individual consumes less of a good, the additional utility associated with each additional unit of that good decreases.c.As an individual consumes more of a good, the additional utility associated with each additional unit of that good increases.d.As an individual consumes more of a good, the additional utility associated with each additional unit of that good decreases.e.Consumer utility is a upward sloping curve.Clear my choice

The law of diminishing marginal utility states that, as extra units of a product are consumed within a given period of time, total utility

Marginal utility is:Multiple Choicediminishing.constant.increasing.unpredictable.

"Diminishing marginal benefit" implies that when Sally consumes one fewer unit of a good that she likes, her Group of answer choices marginal benefit increases. total benefit increases. income decreases. marginal benefit decreases.