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Refer to the Diagram. Total Utility

Question 155

Multiple Choice

Refer to the diagram. Total utility A) increases so long as additional units of Y are purchased. B) becomes negative at 4 units. C) increases at a diminishing rate, reaches a maximum, and then declines. D) is maximized at 2 units. Refer to the diagram. Total utility


A) increases so long as additional units of Y are purchased.
B) becomes negative at 4 units.
C) increases at a diminishing rate, reaches a maximum, and then declines.
D) is maximized at 2 units.

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