menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics Principles and Policy Study Set 2
  4. Exam
    Exam 5: Consumer Choice: Individual and Market Demand
  5. Question
    Marginal Utility Can Fall Even as Total Utility from the Consumption
Solved

Marginal Utility Can Fall Even as Total Utility from the Consumption

Question 187

Question 187

True/False

Marginal utility can fall even as total utility from the consumption of a good is rising.

Correct Answer:

verifed

Verified

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

Related Questions

Q182: The law of diminishing marginal utility states

Q183: Total utility increases if one more unit

Q184: An indifference curve is a line showing<br>A)combinations

Q185: All points on an indifference curve represent

Q186: All decisions involve opportunity cost.

Q188: High price and low total utility indicate<br>A)low

Q189: A well-known women's college whose tuition lagged

Q190: Since price tends to equal marginal utility,

Q191: The slope of a consumer's indifference curve

Q192: When the price of one product falls,<br>A)consumers'

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