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    Exam 8: Utility and Demand
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    If Marginal Utility Is Positive but Diminishing, Then Total Utility
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If Marginal Utility Is Positive but Diminishing, Then Total Utility

Question 191

Question 191

Multiple Choice

If marginal utility is positive but diminishing, then total utility must be ________ as consumption of the good increases.


A) decreasing
B) positive and rising at an increasing rate
C) positive and rising at a decreasing rate
D) positive and rising at any rate

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