Business, 04.04.2020 05:30 arri05

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.

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Pick the correct answer in the bracket
1. Utility definitions
Eric is arguing with his g...

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