Pick the correct answer in the bracket
1. Utility definitions
Eric is arguing with his g...
Pick the correct answer in the bracket
1. Utility definitions
Eric is arguing with his girlfriend, Ginny. They have been going out for a little more than two years.
GINNY: I'm leaving you, Eric. Get over it.
ERIC: Are you saying that being single will make you happier than you've been with me? Speaking personally, I think the (Total or Marginal) utility we've had in this relationship was much more than you could have had if you'd been single this whole time!
GINNY: I had taken an economics class and the word "utility" rings a bell. It's not that at all. We've had a fine time. It's that the (Total or Marginal) utility I would get by continuing our relationship isn't worth it anymore.
ERIC: I've never been dumped by someone citing the law of (diminishing marginal utility or Supply and demand) before. You're a piece of work, you know that?
Ginny doesn't hear. She has already walked off, leaving Eric feeling like something of a sunk cost.
Answers: 1
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