Solved

As More Satisfaction Is Achieved from Consuming a Good with Diminishing

Question 4

Multiple Choice

As more satisfaction is achieved from consuming a good with diminishing marginal utility,then total utility


A) Increases at a decreasing rate.
B) Decreases as long as marginal utility is negative.
C) Decreases as long as marginal utility is positive.
D) Is negative as long as marginal utility is decreasing.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions