Total utility from

-Marginal utility theory is used in the derivation of the
A) negative slope of demand curves.
B) negative slope of supply curves.
C) positive slope of demand curves.
D) positive slope of supply curves.

Question

Total utility from
 
-Marginal utility theory is used in the derivation of the
A) negative slope of demand curves. 
B) negative slope of supply curves. 
C) positive slope of demand curves. 
D) positive slope of supply curves.

Quizplus · Accepted Answer

Marginal utility theory explains that as a consumer consumes more units of a good, the additional satisfaction (marginal utility) from each additional unit decreases, leading to a willingness to pay less for additional units, which results in a negatively sloped demand curve.

Total Utility from -Marginal Utility Theory Is Used in the Derivation of the in the Derivation