If the marginal utility for slices of pizza is decreasing but positive,then:
A) The total utility for slices of pizza is increasing.
B) The total utility for slices of pizza is decreasing.
C) The total utility for slices of pizza is negative.
D) Additional slices of pizza yield zero satisfaction.
Correct Answer:
Verified
Q27: The amount of utility obtained from the
Q28: With a greater amount of consumption,total utility:
A)
Q29: In economic theory,total utility refers to:
A) The
Q30: If marginal utility is positive,then total utility
Q31: Maximum total utility is achieved where:
A) Total
Q33: At some point during a meal each
Q34: The difference between total utility and marginal
Q35: According to the law of diminishing marginal
Q36: The law of diminishing marginal utility helps
Q37: If the marginal utility of one more
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents