Question: Fill in the blanks using the number corresponding to the correct word or phrase in the word bank below: table [ [ 1 .

Fill in the blanks using the number corresponding to the correct word or phrase in the word bank below:
\table[[1. Total,2. increase],[3. decrease,4,marginal]]
Suppose Juan's MU/P for swimming lessons is 12 and it is 4 for dance lessons, to maximize utility Juan should consumption of swimming lessons
When price of a good increases the marginal utility per dollar will Jairo consumes two goods, movies and rooks if the MU/P for movies is 5 while MU/P for books is 8 then Jairo should the consumption of movies.
The law of diminishing marginal utility states that marginal utility will as a consumer increases the quantity consumed of the product.
The overall satisfaction a consumer gets from consuming a good or service is utility.
Fill in the blanks using the number corresponding

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