Multiple Choice
The table given below depicts the total utility derived from the consumption of a good.Table 7.1
-The total utility of a consumer diminishes whenever:
A) he or she buys an additional unit of a good.
B) his or her marginal utility decreases.
C) his or her total utility increases at a decreasing rate.
D) the last unit consumed of a particular good is distasteful or provides dissatisfaction.
E) other consumers are also purchasing the product.
Correct Answer:

Verified
Correct Answer:
Verified
Q114: The below table shows the average utility
Q115: The below table shows the average utility
Q116: The below table shows the average utility
Q117: The table below shows the total utility
Q118: The below figure shows the various combinations
Q120: The below figure shows the various combinations
Q121: The below figure shows the various combinations
Q122: The below figure shows the various combinations
Q123: The below figure shows the various combinations
Q124: The table given below depicts the total