Answered

which income change would cause martin's utility level to change by the largest absolute amount? $2,000 loss $1,000 loss $1,000 gain $2,000 gain

Answer :

YORMEXGO

The income change that would cause Martin's utility level to change by the largest absolute amount is option D. $2,000 gain

What is a utility level?

In economics, utility implies the satisfaction or happiness (benefits) consumers generate or get from a good, and it can be determined based on individuals' choices between alternatives or preferences revealed in their willingness to pay. Marginal utility is the change in total utility from consuming an extra unit of a product.

Therefore, the correct answer is as given above. The largest absolute amount from the list which is positive is the option D. and will not cause any arm to the user but satisfaction.

learn more about utility level: https://brainly.com/question/15050855

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