If total utility is decreasing, then marginal utility is
A) negative.
B) positive.
C) zero.
D) increasing.
Correct Answer:
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Q9: In economic utility analysis, consumer tastes and
Q10: In economics, utility is defined as
A) the
Q11: The concept of marginality is important in
Q12: Marginal utility equals the change in total
Q13: The term marginal means
A) total.
B) average.
C) subjective.
D)
Q15: When economists refer to people making decisions
Q16: The utility that people experience from the
Q17: Utility analysis helps economists understand
A) how people
Q18: Marginal utility can be thought of as
A)
Q19: Marginal utility is
A) the utility received from
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