Which of the following is true?
A)It is possible for total utility to rise as marginal utility falls.
B)Marginal utility is the same as total utility.
C)As marginal utility falls, total utility always falls.
D)a and c

Question

Quizplus · Accepted Answer

Total utility can continue to rise as marginal utility falls because total utility is the cumulative satisfaction received from consuming a good or service, while marginal utility is the additional satisfaction from consuming one more unit. As long as the marginal utility is positive, total utility will increase, even if the marginal utility is decreasing.

Which of the Following Is True