menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics Principles Applications
  4. Exam
    Exam 7: Consumer Choice: Utility Theory and Insights From Neuroscience
  5. Question
    If Marginal Utility Is Negative,consuming an Additional Unit of a Product
Solved

If Marginal Utility Is Negative,consuming an Additional Unit of a Product

Question 24

Question 24

True/False

If marginal utility is negative,consuming an additional unit of a product will cause total utility to decline.

Correct Answer:

verifed

Verified

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

Related Questions

Q19: The equimarginal rule says that a person

Q20: Brandon eats four tacos a on a

Q21: The budget line and the demand curve

Q22: Maxine has a fixed income per month

Q23: When the price of a good falls,the

Q25: One explanation for the development of online

Q26: _ is a simple rule for dealing

Q27: Marginal utility is defined as the<br>A) additional

Q28: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5233/.jpg" alt="

Q29: What is the equimarginal rule?

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines