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Thinking About the Total Utility Gained from the Consumption of a Typical

Question 67

Multiple Choice

Thinking about the total utility gained from the consumption of a typical good,we can say in general that:


A) total utility will rise, peak, and then decline as more and more units are consumed.
B) consuming more and more units of a good will eventually cause marginal utility to increase
C) total utility increases by decreasing amounts, until it is maximized. Then it declines.
D) total utility is maximized where the marginal utility is greatest.

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