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vitfil [10]
3 years ago
9

Olga buys a bag of potato chips every day after her economics class. The first potato chip always tastes wonderful. The second d

oes not taste quite as good as the first. The third does not taste quite as good as the second. Olga is experiencing:
A) the substitution effect.
B) the law of diminishing marginal utility.
C) irrational behavior.
D) the income effect.
Business
1 answer:
xxMikexx [17]3 years ago
5 0
Olga buys a bad of potato’s so B
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April 20   $16* 1 unit= $16                  -          36 +16 =52            52/4 = 13

April 22    $17* 1 unit = $17                 -          52+17 =69            69/5 = 13.8

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