If Matt’s total utility from consuming bratwurst increased at a constant rate, no matter how many bratwurst Matt consumed, what would Matt’s demand curve for bratwurst look like?
Downward-sloping demand is the result of diminishing marginal utility. This consumer’s MU is constant, so the demand curve for bratwurst is horizontal.
269 MCQ for effective preparation of the test of Microeconomics of Economics section.
Read the MCQ statement: If Matt’s total utility from consuming bratwurst increased at a constant rate, no matter how many bratwurst Matt consumed, what would Matt’s demand cu .... wurst look like? , keenly and apply the method you have learn through the video lessons for Microeconomics to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 23-4033.