Using utility, explain the following commonly made statements: a. I couldnt eat another bite. b. Ill never
Question:
Using utility, explain the following commonly made statements:
a. I couldn’t eat another bite.
b. I’ll never get tired of your cooking.
c. The last drop tastes as good as the first.
d. I wouldn’t eat broccoli if you paid me.
e. My kid would eat nothing but junk food if I allowed her.
f. Any job worth doing is worth doing well.
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a I couldnt eat another bite implies that the person has reached a point of satiation or fullness In terms of utility it suggests that the marginal ut...View the full answer
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