Which of the following is true?
A)It is possible for total utility to rise as marginal utility falls.
B)Marginal utility is the same as total utility.
C)As marginal utility falls, total utility always falls.
D)As marginal utility falls, total utility always rises.

Question

Quizplus · Accepted Answer

It is possible for total utility to rise as marginal utility falls because total utility adds up all the marginal utilities of each additional unit, so even if the additional unit provides less satisfaction (lower marginal utility), it can still contribute to an overall increase in total utility.

Which of the Following Is True