Negative marginal utility implies that _____
A) total utility is negative.
B) marginal utility increases as additional units of a good are consumed.
C) the price of a good increases as additional units are consumed.
D) the total revenue spent by a consumer on a good decreases as more of the good is purchased.
E) total utility decreases as additional units of a good are consumed.
Correct Answer:
Verified
Q17: Marginal utility is the _
A)overall satisfaction obtained
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
Q23: When would a consumer experience disutility?
A)if total
Q24: "I don't feel so good; I shouldn't
Q25: Carvel advertises a football-shaped ice cream cake
Q26: Table 6.1 Q27: If you ordered the all-you-can-eat special,you continue
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