Multiple Choice
Total utility is always
A) greater than marginal utility.
B) less than marginal utility.
C) decreasing when marginal utility is decreasing.
D) decreasing when marginal utility is increasing.
E) increasing when marginal utility is positive.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: Ben spends $50 a year on 2
Q2: Diminishing marginal utility means that<br>A)Ralph will enjoy
Q3: The fact that your fourth slice of
Q4: Danny has $12 to spend on two
Q5: Behavioural economics<br>A)studies the activity of the human
Q7: Marginal utility theory predicts that a rise
Q8: A behavioural economist will explain Tom's donation
Q9: Chuck and Barry have identical total utility
Q10: Martha and Sarah have the same preferences,face
Q11: Billy likes candy and popcorn.Candy sells for