Multiple Choice
Which of the following is true about total utility?
A) It cannot decrease as a person consumes more and more of a good.
B) It has a constant rate of increase as a person consumes more and more of a good.
C) It is equal to the sum of the marginal utilities of all units consumed.
D) It is negative when marginal utility is declining.
Correct Answer:

Verified
Correct Answer:
Verified
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