Question: Using utility, explain the following commonly made statements: a. I couldnt eat another bite. b. Ill never get tired of your cooking. c. The last

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 full answer

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