Multiple Choice
Utility theory assumes that marginal utility of a good
A) increases as an individual consumes more of the good
B) decreases as an individual consumes more of the good
C) is greater than total utility as long as total utility is greater than zero
D) is constant as long as the individual derives utility from the good
E) is greater than total utility as long as marginal utility is greater than zero
Correct Answer:

Verified
Correct Answer:
Verified
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