Multiple Choice
If marginal utility is negative
A) total utility increases at a decreasing rate.
B) the consumer will not consider extra units of the good even if its price is zero.
C) the consumer will want to consume the unit only if it is free.
D) the consumer likes the commodity, but not as much as he or she once did.
Correct Answer:

Verified
Correct Answer:
Verified
Q217: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the
Q218: A consumer's optimum is found when<br>A) the
Q219: The price of a hotdog is $1,
Q220: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -The price of
Q221: How does an increase in the price
Q223: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -In the above
Q224: An indifference curve cannot be positively sloped
Q225: If the budget line rotates, then we
Q226: If marginal utility is zero<br>A) a rational
Q227: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Using the above