If Total Utility Increases at a Decreasing Rate as a Consumer

Suppose your marginal utility from consuming the 3rd slice of cake is zero,then your total utility from consuming cake is A) maximized. B) decreasing. C) negative. D) increasing.

Consumers maximize total utility within their budget constraint by A) buying the cheapest goods they can find. B) buying whatever they like the best. C) buying the goods with the largest marginal utility per dollar spent. D) spending the same dollar amount for each good.