Assertion (A): The law of diminishing marginal utility applies even if the units are consumed a week apart.
Reason (R): The law assumes continuous consumption.

Both A and R are true, and R is the correct explanation of A.Correct answerYour answerBoth A and R are true, but R is not the correct explanation of A.Correct answerYour answerA is true, but R is false.Correct answerYour answerA is false, but R is true.Correct answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer D

Correct answer: D

A is false: with a week's gap the want returns, so the law need not hold.
R is true and is the assumption that A breaks.

Concept: Continuity assumption
Typical timeTypical: 70 s
Your timeYours: —

The rule this testsDiminishing marginal utility

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Assertion (A): The law of diminishing marginal utility applies even if the units are consumed a week apart.Reason (R): The law assumes continuous consumption.

Explanation

Assertion (A): The law of diminishing marginal utility applies even if the units are consumed a week apart.
Reason (R): The law assumes continuous consumption.