Multiple Choice
According to the principle of diminishing marginal utility, as the quantity of a good or service consumed increases, total utility
A) increases.
B) decreases.
C) is unchanging.
D) is zero.
Correct Answer:
Verified
Related Questions
Q35: Q36: Marginal utility Q37: Marginal utility theory assumes that when Sally Q38: Which of the following is consistent with Q39: Your marginal utility from a hamburger
A) characterizes things of little use.
B)
A) is
