Solved

If Marginal Net Utility Is Positive, the Consumer Must Be

Question 227

Essay

If marginal net utility is positive, the consumer must be buying too small a quantity to maximize total net utility. Why?

Correct Answer:

verifed

Verified

Because marginal utility exceeds price, ...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents