When Total utility is increasing at an decreasing rate, marginal utility is
A)constant
B)negative
C)increasing
D)decreasing

Name: When Total utility is increasing at an decreasing rate, marginal utility is A)constant B)negative C)increasing D)decreasing
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Question

Quizplus · Accepted Answer

When total utility is increasing at a decreasing rate, it means that each additional unit of consumption provides less additional satisfaction than the previous one, indicating that marginal utility is decreasing.

When Total Utility Is Increasing at an Decreasing Rate, Marginal