If a family's utility function has the shape typical of most families' utility functions, total utility does NOT:

Name: If a family's utility function has the shape typical of most families' utility functions, total utility does NOT:
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Most families' utility functions exhibit diminishing marginal utility, not increasing marginal utility. This means that while total utility increases with income, each additional unit of income provides less additional utility than the previous one.

If a Family's Utility Function Has the Shape Typical of Most