When would a consumer experience disutility?
A) if total utility is increasing and marginal utility is decreasing
B) if total utility is decreasing and marginal utility is increasing
C) if total utility is increasing and marginal utility is zero
D) if total utility is increasing and marginal utility is greater than zero
E) if marginal utility is negative
Correct Answer:
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Q18: In economics,tastes and preferences refer to _
A)consumption.
B)income.
C)prices.
D)utility.
E)trends.
Q19: Total utility is the _
A)sum of all
Q20: The law of diminishing marginal utility states
Q21: "The second glass of Evian water was
Q22: Negative marginal utility implies that _
A)total utility
Q24: "I don't feel so good; I shouldn't
Q25: Carvel advertises a football-shaped ice cream cake
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