Multiple Choice
The table given below depicts the total utility derived from the consumption of a good.Table 7.1
-If total utility increases by smaller and smaller amounts as more units of a product are consumed, then marginal utility is:
A) decreasing and is a negative amount.
B) decreasing and is a positive amount.
C) zero.
D) increasing and is a negative amount.
E) increasing and is a positive amount.
Correct Answer:

Verified
Correct Answer:
Verified
Q40: The below table shows the average utility
Q41: The below indifference map shows the various
Q42: The table below shows the total utility
Q43: The below table shows the average utility
Q44: The below indifference map shows the various
Q46: The below table shows the average utility
Q47: The below figure shows the various combinations
Q48: The below table shows the average utility
Q49: The table given below reports the total
Q50: The below figure shows the various combinations