--%>

Contradiction of the law of diminishing marginal utility

Can someone help me in finding out the right answer from the given options. Which of the following below seems the contradiction of the law of diminishing marginal utility? (1) Ken enjoys his 13th beer of the evening more than his initial. (2) Joan recognizes that her effort in making for a date surpasses the enjoyment gained. (3) Howard has a reducing desire for Ramen noodles the richer he becomes. (4) Natasha works harder and harder to cast additional steel ingots therefore she can surpass her production quota. (5) Morris loves catnip more than canned tuna and canned tuna much more than the dry cat food.

   Related Questions in Microeconomics

  • Q : Impact of economy according to price

    If price ceiling or price floor were removed what is the impact on the economy?

  • Q : Earning zero economic profit Within a

    Within a monopolistically competitive industry along with no barriers to entry, long run equilibrium will be reached along with the firms into the industry: (1) maximizing total revenue. (2) producing their most efficient outputs. (3)

  • Q : Shut down by drastically raise price in

    Mom and Pop Ping-Pong Balls is an established table tennis supply store within a small city. You are the owner of Ping-Pong Megastore as well and you have just opened up a location in their small city. When you set prices so low which Mom and Pop is forced to shut dow

  • Q : Labor union and an unregulated public

    I have a problem in economics on Labor union and an unregulated public utility. Please help me in the following question. While comparing an influential labor union and an unregulated public utility firm like cable TV, both might: (1) Be considered as the monopolists.

  • Q : Define Visible items in BOP Visible

    Visible items: All kinds of goods that are exported and imported are termed as visible items. These are visible as such are made up of some matter or material. The record of such items is obtainable with the ports. Illustrations: Tea, Jute items, Petr

  • Q : What supply curve illustrates What

    What supply curve illustrates?

  • Q : Problem onto public sector The word “

    The word “public sector” signifies to: (1) Stockholders and households. (2) Investors and Consumers. (3) Households and investors. (4) Democratic voting systems. (5) All actions of government. Hey frien

  • Q : Problem on lower equilibrium price Can

    Can someone help me in finding out the right answer from the given options. In short run for a competitive market, a raise in the supply will generally: (1) Raise demand. (2) Not affect the equilibrium price. (3) Lower equilibrium price. (4) Increase equilibrium price

  • Q : Arising of perfect price discrimination

    Perfect price discrimination would arise when a firm: (1) extracted full consumer surpluses from its customers. (2) permitted monopolistic customers quantity discounts. (3) redistributed real income among consumers. (4) inefficiently allocated its res

  • Q : Price cut of Substitutes products When

    When a price cut for licorice gummy bears decrease the demand for tuna fish ice-cream, then: (1) Tuna fish ice-cream and licorice gummy bears are the complementary goods. (2) Price hikes for tuna fish ice-cream will decrease the demand for the licorice gummy bears. (3