Solved

Total Utility Derived from Consuming One Good Declines When

Question 2

Multiple Choice

Total utility derived from consuming one good declines when


A) marginal utility is positive.
B) marginal utility is negative.
C) there is an opportunity cost associated with consuming more of the good.
D) the consumer receives a discounted price for the good.

Correct Answer:

verifed

Verified

Related Questions

Q1: Goods that bring you utility are goods

Q3: Marginal utility is the
A) total satisfaction gained

Q4: When marginal utility is zero,
A) total utility

Q5: Marginal means
A) average.
B) controversial.
C) undesirable.
D) the incremental

Q6: A rational consumer will never purchase a

Q7: Table 4.3
Table 4.3 </p></div><svg width=

Q8: Table 4.3
Table 4.3 </p></div><svg width=

Q9: Table 4.3
Table 4.3 </p></div><svg width=

Q10: Table 4.4
Table 4.4 </p></div><svg width=

Q11: Table 4.4
Table 4.4 </p></div><svg width=

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