Exhibit 66 Consider Exhibit 66.Which of the following best describes what it revealsabout total and marginal utility for baseball game tickets?
A) Marginal utility is constantly pulling total utility down, until eventually it becomes negative.
B) Marginal utility is constantly pulling total utility up and will continue to increase total utility as long as the
Person consumes more goods.
C) Marginal utility is constantly pulling total utility up, but by less each time.
D) At first marginal utility is positive and pulls total utility up but at a decreasing rate; then marginal utility
Becomes negative and pulls total utility down.
E) At first marginal utility is positive and pulls total utility up, but then it becomes negative and makes
Total utility become negative as well.
Correct Answer:
Verified
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