When marginal utility is _________,total utility is _________.
A)positive;increasing
B)zero;maximized
C)negative;decreasing
D)All of the choices are correct.

Question

Quizplus · Accepted Answer

Marginal utility refers to the additional satisfaction or utility that a consumer receives from consuming an additional unit of a good or service. When marginal utility is positive, it means that consuming an additional unit of the good or service increases total utility, indicating that total utility is increasing. When marginal utility is zero, it means that consuming an additional unit of the good or service does not change the total utility, indicating that total utility is maximized at that point. When marginal utility is negative, it means that consuming an additional unit of the good or service decreases total utility, indicating that total utility is decreasing. Therefore, all the choices correctly describe the relationship between marginal utility and total utility.

When Marginal Utility Is _________,Total Utility Is _________

When Marginal Utility Is _,Total Utility Is _