Which of the following statements about total utility is FALSE?
A) Total utility cannot be measured.
B) The increase in total utility from the first unit consumed is greater than or equal to the increase from the second unit consumed.
C) Total utility increases as more units of a good are consumed.
D) The increase in total utility from the second unit consumed exceeds the increase from the first unit consumed.
E) At some point,the increase in total utility from consuming an extra unit begins to get smaller.
Correct Answer:
Verified
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