Total utility
A)diminishes as the quantity consumed of a good increases.
B)increases as long as more goods are acquired.
C)increases as long as marginal utility increases.
D)increases as long as marginal utility is positive.
E)diminishes as consumption of some good rises.

Question

Quizplus · Accepted Answer

Total utility increases as long as marginal utility is positive, meaning each additional unit consumed adds value to the total utility. However, as marginal utility eventually diminishes, so does total utility. Therefore, option D is the correct choice.

Total Utility