Which of the following is not true about utility?
A) Utility varies from individual to individual.
B) Marginal utility tends to decline, the more of a good or service is consumed.
C) When marginal utility is at its maximum, total utility is zero.
D) All of the above are true about utility.

Question

Quizplus · Accepted Answer

The Answer of Which of the following is not true about utility?
A) Utility varies from individual to individual.
B) Marginal utility tends to decline, the more of a good or service is consumed.
C) When marginal utility is at its maximum, total utility is zero.
D) All of the above are true about utility.

Which of the Following Is Not True About Utility